Hong Kong & China Gas Shares Jump Over 8% in Morning Trade on Strong 23% Rise in Half-Year Profit

Deep News
Aug 19

Shares of HK & China Gas (00003) surged more than 8% during morning trading, with the stock climbing 8.11% to HK$7.335 at the time of writing, on turnover of HK$753 million.

The company released its interim results for 2026, reporting revenue of HK$29.526 billion, up 7.31% year-on-year. Its growth-oriented business segment achieved a significant breakthrough, with operating profit soaring threefold during the period. Profit attributable to shareholders rose 23% to HK$3.64 billion, with basic earnings per share of HK$0.195 and an interim dividend of HK$0.12 per share.

As of June 30, 2026, Hong Kong gas sales volume reached 14.414 billion megajoules (equivalent to approximately 410 million cubic meters of natural gas), representing a 3.5% decline year-on-year. The customer base stood at approximately 2.07 million accounts, an increase of nearly 15,000 accounts compared to the end of 2025.

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