On August 28, TIAN LUN GAS (01600) announced its interim results for the six months ended June 30, 2025. The company reported total revenue of RMB 4.24 billion for the first half, representing a 10.6% increase compared to RMB 3.835 billion in the same period last year.

Gas sales revenue grew by 12.8% to RMB 3.64 billion, while value-added business revenue continued its upward trajectory, surging 27.6% to RMB 230 million.

During the first half, TIAN LUN GAS achieved total gas sales volume of 1.268 billion cubic meters, marking a 15.3% increase from 1.1 billion cubic meters in the corresponding period last year. Retail gas sales volume remained stable at 880 million cubic meters.

In terms of gross margin, the company successfully improved its comprehensive gas sales price differential by RMB 1 cent through proactive price adjustment initiatives and continuous gas supply optimization management, maintaining steady retail gas sales profitability.

Reflecting the company's long-term stable dividend policy, the board of directors announced an interim dividend of RMB 4.60 cents per share based on the board resolution dated August 28, 2025, representing a payout ratio of 35.0% of core profit.