On August 19, HK & CHINA GAS rose 4.86% in regular trading, trading at HK$7.175/share, with turnover of HK$282 million.

On the news front, the company released its interim results on August 18, reporting attributable profit of HK$3.64 billion for the first half, a 23% year-over-year increase. Revenue rose 7.31% to HK$29.53 billion, with earnings per share of HK$0.195. The interim dividend was maintained at HK$0.12 per share. Bank of America Securities had previously forecast only a 10% year-over-year increase in H1 net profit, making the actual results significantly above market expectations.

The outperformance was partly attributed to improved performance from its growth businesses. The company's CFO previously indicated that growth businesses currently contribute approximately 10% of profits, with expectations to rise to 20%-25% over the next four to five years. Management expressed a cautiously optimistic outlook for overall business performance and expects full-year gas sales volume to remain broadly stable.

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