tiprankstipranks
Chongqing Gas Reports Mixed H1 2024 Results
Company Announcements

Chongqing Gas Reports Mixed H1 2024 Results

China Resources Gas Group (HK:1193) has released an update.

Chongqing Gas, a subsidiary of China Resources Gas Group Limited, reported marginal revenue growth and a 0.05% increase for the first half of 2024, but experienced declines in operating profit, total profit, and net profit attributable to shareholders by 4.50%, 1.48%, and 11.15% respectively. The company also saw a 1.17% decrease in gas sales volume and cautions shareholders that the preliminary results have not been audited and are subject to change. Investors are advised to look out for the official interim report on the Shanghai Stock Exchange for comprehensive details.

For further insights into HK:1193 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks HongKong Auto-Generated NewsdeskChina Resources Gas Expands Supply Agreement
TipRanks HongKong Auto-Generated NewsdeskChina Resources Gas Extends Energy Supply Agreement
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!