tiprankstipranks

Huzhou Gas Co., Ltd. Reports Increased Profit Amid Revenue Dip in 2024

Story Highlights
Huzhou Gas Co., Ltd. Reports Increased Profit Amid Revenue Dip in 2024

Huzhou Gas Co., Ltd. Class H ( (HK:6661) ) has issued an announcement.

Huzhou Gas Co., Ltd. reported a 4.65% increase in natural gas sales volume for the year ending December 31, 2024, despite a 2.58% decrease in revenue compared to the previous year. The company saw a 6.27% rise in profit attributable to its owners, amounting to RMB117.79 million, and maintained its final dividend at RMB0.30 per share. These results reflect a stable financial performance with increased profitability, which may positively impact the company’s market positioning and stakeholder confidence.

More about Huzhou Gas Co., Ltd. Class H

Huzhou Gas Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, primarily engaged in the natural gas industry. The company focuses on the sale and distribution of natural gas, catering to various stakeholders within the energy sector.

YTD Price Performance: 10.32%

Average Trading Volume: 2,722

Technical Sentiment Signal: Sell

See more data about 6661 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

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