China Gas Holdings Ltd. Reports 8.9% Increase in LPG Sales Revenue for FY 2025, Despite 56.7% Drop in Operating Profit

Reuters
06/27
<a href="https://laohu8.com/S/CGHOF">China Gas Holdings Ltd.</a> Reports 8.9% Increase in LPG Sales Revenue for FY 2025, Despite 56.7% Drop in Operating Profit

China Gas Holdings Ltd. has announced its audited consolidated financial results for the year ended 31 March 2025. The company reported a total segment revenue of HK$82.48 billion, a decrease from the HK$85.09 billion reported in the previous year. Sales of natural gas contributed HK$49.05 billion to the total revenue, compared to HK$52.44 billion the previous year. The sales of LPG increased to HK$19.58 billion from HK$17.98 billion. The profit before taxation for the year was HK$4.61 billion, down from HK$5.18 billion in the prior year. The company also recognized impairment losses on trade receivables and contract assets amounting to HK$685.60 million, which is higher than the HK$568.03 million recorded in the previous year. China Gas Holdings Ltd. did not provide specific outlook or guidance for the upcoming financial period in the announcement.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Gas Holdings Ltd. published the original content used to generate this news brief on June 27, 2025, and is solely responsible for the information contained therein.

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