Summary by Moomoo AI
Hong Kong and China Gas (HKCG) released its 2024 interim report, which showed that for the six months ending June 30, 2024, the core profit of the group's business reached HKD 3.18 billion, an increase of 2% compared to the same period last year. However, including non-operating gains and losses, the unaudited post-tax profit attributable to shareholders of the group was HKD 3.34 billion, a decrease of 16%. The basic earnings per share were 16.3 Hong Kong cents. During the reporting period, the gas sales volume in Hong Kong remained basically flat compared to the same period last year, while gas sales volume in mainland cities increased by 7%. Despite challenges such as geopolitical tensions and the strong Hong Kong dollar exchange rate, the group maintained...Show More