Chongqing Gas Reports Mixed Mid-Year Financials

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

Chongqing Gas, a subsidiary of China Resources Gas Group Limited, reported a slight increase in total assets by 5.29%, but faced a 14.62% decrease in net profit for the first half of 2024 compared to the same period in 2023. Despite the dip in profits, the company proposes a cash dividend of RMB0.15 per 10 shares, subject to shareholder approval. Investors are advised to exercise caution and not rely solely on these unaudited figures when dealing with the company’s securities.

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