China Resources Gas Reports Interim Net Profit Decline at Chongqing Unit
Stock News
Aug 21
China Resources Gas Group Ltd (HK: 01193) announced that its subsidiary Chongqing Gas Group Corporation Ltd posted a net profit attributable to shareholders of RMB 75.04 million for the six months ended June 30, 2026, representing a decline of 28.79% year-on-year.
The company reported total operating revenue of RMB 4.98 billion for the period, down 4.65% compared with the same period last year. Basic earnings per share stood at RMB 0.048.
This financial update highlights ongoing margin pressure at the gas distribution subsidiary amid softer revenue performance in the first half of the fiscal year.
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