CHINA RES GAS (01193) announced its annual results for the period ending December 31, 2025. The group recorded revenue of HK$97.73 billion, representing a decrease of 4.81% compared to the previous year. Profit attributable to owners of the company was HK$3.55 billion, down 13.23% year-on-year. Basic earnings per share were HK$1.55. The board proposed a final dividend of HK$0.95 per share.

During the year, the group adhered to a spirit of pursuing excellence. Centered around the annual management theme of "benchmarking for service improvement and new quality development," it proactively compared itself to leading industry practices. The group actively promoted business and management innovation, continuously optimized operational efficiency, and further consolidated its core competitive advantages in the urban gas markets of developed economic regions.

Leveraging solid operational management and market development capabilities, the group achieved total natural gas sales volume of 40.18 billion cubic meters, a slight increase of 0.7% year-on-year.

In 2025, the company further deepened its cooperation with State Grid in areas such as infrastructure. It continuously strengthened master agreements negotiations with the three major national oil companies. Throughout the year, the company coordinated a total gas volume of 6.1 billion cubic meters, a significant increase of 52.5% compared to the previous year, and signed its first international long-term LNG agreement. The number of access points to the national pipeline network increased by eight. The gas storage capacity of its controlled enterprises was enhanced to 5%. The group's gas trading platform registered 413 new suppliers, bringing the cumulative total to 1,356. The cumulative transaction volume reached 3.6 billion cubic meters, further expanding the company's influence within the industry.

For the year, the group sold a total of 40.18 billion cubic meters of natural gas, reflecting a 0.7% growth. Industrial gas sales amounted to 20.48 billion cubic meters, a slight increase of 0.3%, accounting for 51.0% of the group's total sales volume. Commercial gas sales were 8.31 billion cubic meters, declining by 2.4%, which constituted 20.7% of the total. Residential gas sales reached 10.53 billion cubic meters, growing by 4.9% and making up 26.2% of the group's sales volume.