tiprankstipranks
China Gas Holdings Reports Mixed Annual Results
Company Announcements

China Gas Holdings Reports Mixed Annual Results

China Gas Holdings (HK:0384) has released an update.

Maximize Your Portfolio with Data Driven Insights:

  • Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
  • Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio

China Gas Holdings Limited reports a decrease in revenue by 11.5% and gross profit by 6.1% for the fiscal year ended March 31, 2024, compared to the previous year. The company saw a slight decline in adjusted net profit by 4.3%, but a notable increase of 70.2% in free cash flow. Despite these mixed results, the annual dividend payout remained consistent at 50 HK cents per share.

For further insights into HK:0384 stock, check out TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App