Summary by Moomoo AI
ENN Energy announced its interim performance on June 30, 2024, showing a slight increase of 0.9% in revenue to RMB 54.587 billion, but a decrease of 22.8% in attributable net profit to RMB 2.573 billion. Basic earnings per share also decreased by 22.4% to RMB 2.29. However, the core profit of the domestic core business increased by 9.5%, and the sales volume of natural gas and alternative energy increased by 4.5% and 26.0% respectively. The company actively responds to challenges, promotes business upgrading, and optimizes profit structure. In terms of safety supervision, the company has established a long-term mechanism for safe production and deployed intelligent IoT devices in key scenarios. In addition, the company has carried out a series of optimizations on the resource side, including reducing resource costs and conducting risk hedging in advance. The company also announced a mid-term dividend of HKD 0.65 per share.