GAS - Robust Q1 thanks to strong gas prices, solid volume - Earnings Flash
  • 2022-04-29T00:00:00
  • Company Research

GAS announced Q1 2022 results with revenue and NPAT-MI surging 51.9% YoY and 69.0% YoY respectively, which were driven by an average fuel oil (FO) price of USD541/tonne (+53.1% YoY), average LPG price of USD803/tonne (+38.0% YoY) and sales volume of 1.9 billion cbm (-1.3% YoY).

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