With a score of 33.94 times, Union Gas Holdings has achieved the best weighted ROE among its peers. It has been named overall sector winner as well. On July 19, the company — one of the largest local suppliers of liquefied petroleum gas (LPG) — transferred its listing from Catalist to the mainboard, marking yet another chapter in its history where it has been growing from strength to strength.

With a fleet of more than 200 delivery vehicles, Union Gas sells and distributes bottled LPG to more than 200,000 households and commercial entities such as food stalls and coffee shops, Union Gas also sells and distributes diesel to retail customers at its Cnergy branded fuel station.

See also: Union Gas signs SPA to acquire assets from Union Energy Corporation for $75 mil

On March 3, the company announced an exclusive collaboration study with Surbana Jurong Group to evaluate the potential redevelopment of the existing fuel station at 50 Old Toh Tuck Road into Singapore’s first multi-fuels and energy facility, to include facilities where it can supply also cleaner energy options such as solar and micro-wind as well as charging points for electric vehicles.

The company with the best returns to shareholders is ISDN Holdings, with a 43.4% in CAGR growth over the three years. Actively making a mark in providing components needed in industrial automation, ISDN has recently diversified into an adjacent business of providing so-called “super wi-fi” services. By helping clients deploy these long-range wi-fi networks, their equipment can all be connected wirelessly and run more effectively.

China Everbright Water, meanwhile, posted the strongest growth in profit after tax in the three years under consideration, with a CAGR of 25.9%. The company, whose controlling shareholder is China Everbright Environment Group, is listed on both the Singapore and Hong Kong exchanges. It is involved in practically the entire water industry chain from raw water protection to the supply and treatment of water and wastewater.

union gas table - THE EDGE SINGAPORE


Photo: Union Gas Holdings