Company Profile For China Resources Gas Group Limited

China Resources Gas Group Limited is an investment holding company. The Company is organized into four segments: semiconductor, concrete, sale and distribution of gas fuel and related products, and gas connection. Semiconductor segments is engaged in the design, fabrication and packaging of integrated circuits and discrete devices. Concrete segment is engaged in the sale and distribution of gas fuel and related products (sale of liquefied petroleum gas and natural gas for residential, commercial and industrial use). During the year ended December 31, 2008, the Company disposed China Resources Microelectronics Limited (CR Microelectronics), which was engaged in semiconductor operation. The Company also disposed Rich Team Resources Limited, which was engaged in the production of sale of ready mixed concrete within Hong Kong. On October 30, 2008, the Company acquired CR Gas, which operates a portfolio of gas distribution business.

BRIEF: For the six months ended 30 June 2009, China Resources Gas Group Limited's revenues increased 17% to HK$1.13B. Net income from continuing operations increased 10% to HK$141.3M. Revenue reflects an increase in Sales & distribution of gas fuel & related products segment. Net income was partially offset by higher selling & distribution expenses, lower gross profit margins and higher income tax expense. The company is a Hong Kong-based company.

China Resources Gas Group Limited
Room 4003-06
China Resources Building
26 Harbour Rd Wanchai
   

3900