China Gas Holdings HY net income attributable to shareholders drops 24.2% to HKD 1.33 billion
China Gas Holdings Ltd. reported its interim results for the six months ended 30 September 2025. Turnover was HKD 34.5 billion, down 1.8%. Gross profit reached HKD 5.5 billion, a decrease of 6.0%. Profit for the period was HKD 1.8 billion, representing a decline of 21.9%. Free cash flow rose 17.2% to HKD 2.6 billion for the period. The company reported total natural gas sales volume of 17,414 million cubic meters, up 1.7%. The penetration rate of residential users for city gas projects increased to 73.8%, up 1.6 percentage points. The number of piped gas projects stood at 662, and connectable residential users for city gas projects reached 55.0 million households.
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