China Resources Gas Group Reports 2024 Financial Results with Revenue Growth

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China Resources Gas Group Reports 2024 Financial Results with Revenue Growth

China Resources Gas Group ( (HK:1193) ) has provided an announcement.

China Resources Gas Group Limited reported its financial results for the year ending December 31, 2024, with a slight increase in revenue by 1.4% to HK$102,676 million and a marginal rise in core profit by 0.02% to HK$4,148 million. However, the profit attributable to owners decreased by 21.7% to HK$4,088 million. The company also announced a 3.4% increase in the full-year core dividend per share. Despite a challenging year, the company managed to increase its gross gas sales volume by 2.9%, indicating a steady demand in its market.

More about China Resources Gas Group

China Resources Gas Group Limited (CR Gas) operates in the energy sector, primarily focusing on the distribution and sale of natural gas. The company serves a significant market with a focus on expanding its gas sales volume.

YTD Price Performance: -6.63%

Average Trading Volume: 975

Technical Sentiment Signal: Sell

Current Market Cap: $8.43B

For detailed information about 1193 stock, go to TipRanks’ Stock Analysis page.

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