Zhonghua Gas forecasts 56.4% narrower FY-2026 net loss, buoyed by lower expenses and finance income

Bulletin Express
Jun 15

Zhonghua Gas Holdings Limited has issued a profit alert indicating a marked reduction in its net loss for the financial year ended 31 March 2026 (FY-2026). Management estimates a net loss after tax of approximately RMB26.20 million, a 56.4% improvement from the RMB60.00 million loss recorded in the 15-month comparative period ended 31 March 2025.

Key drivers behind the narrower loss: 1. Share-based expense: No equity-settled share-based payments were recognised in FY-2026, versus RMB26.90 million in the prior period. 2. Financing line: Finance costs of RMB9.90 million in the prior period have swung to finance income of about RMB1.70 million in FY-2026. 3. Administrative efficiency: Management cites a reduction in administrative expenses, reflecting the change from a 15-month reporting period previously to a standard 12-month period in FY-2026.

Offsetting factors: • Impairment provisions: The company recorded an impairment allowance of roughly RMB15.30 million on trade receivables and contract assets, contrasting with a RMB4.20 million reversal booked in the prior period.

The figures are based on unaudited management accounts and remain subject to audit and possible adjustments. Zhonghua Gas will release its audited annual results in accordance with GEM Listing Rules. Shareholders and investors are advised to exercise caution when dealing in the company’s securities until the final results are published.

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