China Resources Gas' Profit Slides 22% in 2024

MT Newswires Live
28 Mar

China Resources Gas Group (HKG:1193) recorded a 22% decline in attributable profit in 2024 to HK$4.09 billion from HK$5.22 billion in the year-ago period, a Friday filing with the Hong Kong bourse said.

Basic earnings per share was HK$1.80 in the year, down from HK$2.30 in 2023.

The gas distribution company's revenue rose by 1.4% to HK$102.7 billion in the year from HK$101.3 billion a year prior.

The firm recommended a final dividend of HK$0.70 per share for the year, payable July 18 to shareholders of record on June 4.

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