Kaiyuan Holdings (01215) subsidiary signs a settlement agreement with China Gas
Zhitong Finance App News, Open Source Holdings (01215) issued an announcement. On the date of this announcement, the outstanding principal amount of China Gas's subscribers' convertible bonds was HK$77.8 million, along with accumulated but unpaid interest under it. The Company hereby informs its shareholders and investors that on May 20, 2024, the subscribing party (a wholly-owned subsidiary of the Company) entered into a settlement agreement with China Gas. According to this, the outstanding principal amount of the convertible bonds will be repaid in installments before December 20, 2024; and the interest accrued or accrued under the convertible bonds will be repaid on December 20, 2024. Hu Yishi and Song Zhicheng (both
China Gas (08246) signs settlement agreement with convertible bondholders
China Gas (08246) issued an announcement. On May 20, 2024, the company and the holders of convertible bonds signed...
ZHONGHUA GAS: ANNUAL REPORT 2023
China Gas (08246) announced annual results, loss attributable to shareholders of 6.656 million yuan, an increase of 26.68% year-on-year
According to the Zhitong Finance App, China Gas (08246) announced annual results for the year ended December 31, 2023. The group achieved revenue of 187 million yuan (RMB, same below) during the period, a year-on-year decrease of 6.92%; losses attributable to shareholders were 6.656 million yuan, an increase of 26.68% over the previous year; and a basic loss of 0.002 yuan per share. According to the announcement, the decrease in revenue was mainly due to the customer's heating station being undergoing a national gas network renovation project. One of the Group's main LNG stations in Tianjin was suspended for this reason from October 2023, leading to a decrease in revenue from the energy business this year
ZHONGHUA GAS: ANNOUNCEMENT OF ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2023
China Gas (08246) issued a profit warning. Net loss after tax is expected to increase by 7.6% year-on-year
China Gas (08246) issued an announcement. The Group expects to obtain net after tax for the year ended December 31, 2023...
ZHONGHUA GAS: PROFIT WARNING
ZHONGHUA GAS: (REVISED) NOTIFICATION OF BOARD MEETING
Zhonghua Gas Holdings Limited's (HKG:8246) Shares Climb 33% But Its Business Is Yet to Catch Up
Zhonghua Gas Holdings Limited (HKG:8246) shares have had a really impressive month, gaining 33% after a shaky period beforehand. Not all shareholders will be feeling jubilant, since the share price
Kai Yuan Gives Zhonghua Gas Three-Week Extension to Pay HK$98 Million Bonds
Kai Yuan Holdings (HKG:1215) granted a three-week grace period to Zhonghua Gas Holdings (HKG:8246) after the latter failed to pay convertible bonds amounting to HK$97.8 million. The bonds, which have
Open Source Holdings (01215): China Gas (08246) defaulted on maturing repayment of convertible bonds
Open Source Holdings (01215) announced that Jingyi Co., Ltd., a wholly-owned subsidiary of the company, has subscribed to China Gas (08246)...
China Gas Announces Unpaid Convertible Bonds
China Gas (08246) announced that although the Group has done its best to negotiate with bondholders to change the repayment terms and/or repay such repayments in stages, the company received a letter from the bondholders on November 17, 2023 regarding the repayment of convertible bonds. The letter requested payment of HK$97.8 million in principal and applicable interest at an annual interest rate of 8% from the maturity date. As of the date of this announcement, the Company has not yet repaid convertible bonds.
ZHONGHUA GAS: 2023 THIRD QUARTERLY REPORT
ZHONGHUA GAS: THIRD QUARTERLY RESULTS ANNOUNCEMENT FOR THE NINE MONTHS ENDED 30 SEPTEMBER 2023
Some Confidence Is Lacking In Zhonghua Gas Holdings Limited (HKG:8246) As Shares Slide 28%
The Zhonghua Gas Holdings Limited (HKG:8246) share price has fared very poorly over the last month, falling by a substantial 28%. The recent drop completes a disastrous twelve months for shareholde
China Gas (08246): Proposed adoption of a new share option plan
China Gas (08246) issued an announcement. On August 25, 2023 (after the trading session), the board of directors decided...
ZHONGHUA GAS: 2023 INTERIM REPORT
China Gas (08246) Announces Interim Results Owners' Profit of 34.648 Million Yuan, Turning a Loss into a Profit Year-Over-Year
According to the Zhitong Finance App, China Gas (08246) announced its 2023 interim results, with revenue of about RMB 127 million (same unit), an increase of about 11.9% over the previous year; company owners should account for profit of RMB 34.68 million; loss due to RMB 25.579 million for the same period last year; profit of 0.009 yuan per share.
ZHONGHUA GAS: ANNOUNCEMENT OF INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2023
China Gas (08246) Fa Yingxi expects a net profit of about 41.2 million yuan after tax in the medium term
According to the Zhitong Finance App, China Gas (08246) announced that the Group expects net profit after tax to increase 251.9% from net loss after tax of about RMB 27.2 million in the same period in 2022 to net profit after tax of about RMB 41.2 million for the six months ending June 30, 2023. According to the announcement, the increase in net profit after tax was mainly due to the repayment of trade receivables impairment provisions of about RMB 55.5 million (trade receivables impairment provision of about RMB 11 million for the same period in 2022), but also due to the withdrawal of a number of long-outstanding trade receivables in the second quarter of 2023
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