JY Gas Ltd. Reports 6.9% Revenue Decline and 14.1% Drop in Net Profit for H1 2025
Reuters
Aug 27
JY Gas Ltd. Reports 6.9% Revenue Decline and 14.1% Drop in Net Profit for H1 2025
JY Gas Ltd. has announced its unaudited interim results for the six months ended 30 June 2025. The company's revenue for this period amounted to RMB180.2 million, marking a decrease of 6.9% compared to RMB193.6 million for the corresponding period in 2024. Gross profit remained stable at RMB28.6 million, slightly up from RMB28.1 million the previous year. However, the gross profit margin improved to 15.9% from 14.5% in 2024. The company's net profit for the period was reported at RMB13.4 million, which represents a decrease of 14.1% compared to the same period in 2024. The Board of Directors has resolved not to declare an interim dividend for the six months ended 30 June 2025. In terms of revenue breakdown, sales from pipeline natural gas (PNG) amounted to RMB165.1 million, while revenues from compressed natural gas (CNG) and liquefied natural gas $(LNG)$ sales were RMB7.3 million. Sales of gas-burning appliances generated RMB2 million, and revenue from construction and installation services amounted to RMB5.7 million.
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