Towngas Smart Energy FY2025 other gains net more than doubled to HKD 390.04 million on revenue down 2% to HKD 20.91 billion

Reuters
Mar 18
Towngas Smart Energy FY2025 other gains net more than doubled to HKD 390.04 million on revenue down 2% to HKD 20.91 billion

Towngas Smart Energy published its FY 2025 annual results announcement, reporting revenue of HKD 20.91 billion and profit attributable to shareholders of HKD 1.59 billion. Basic earnings per share were HKD 0.45. Gas sales volume rose 1% to 17,371 million cubic metres, and the city-gas dollar margin increased to RMB 0.58 per cubic metre as cost pass-throughs were implemented. In renewables, photovoltaic power generation rose 36% to 2.48 billion kWh and total photovoltaic grid-connected capacity reached 2.8 GW. The board recommended a final dividend of HKD 0.14 per share, taking FY 2025 total dividends to HKD 0.19 per share.

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