China Resources Gas (01193) announced interim results. Profit attributable to shareholders was HK$2,403 billion, a year-on-year decrease of 30.5%

According to the Zhitong Finance App, China Resources Gas (01193) announced its 2025 interim results, with revenue of HK$49.785 billion, a year-on-year decrease of 4.4%; profit attributable to company owners of HK$2,403 billion, a year-on-year decrease of 30.5%; basic profit per share of HK$1.05, with a proposed interim dividend of HK30 cents per share.

In the first half of 2025, the Group continued to improve its gas source coordination capacity; the overall scale exceeded 3.5 billion square meters, an increase of 100% over the previous year, and obtained 200 million square meters of unconventional resources; continuously improved its gas source guarantee capacity, increasing the Group's gas storage capacity to 3.75%; and further improving the Group's ability to guarantee and supply while promoting an increase in resource acquisition capacity.

In the first half of 2025, the Group sold a total of 20.76 billion cubic meters of natural gas, of which industrial gas sales reached 9.45 billion cubic meters, a decrease of 2.2%, accounting for 45.5% of the Group's gas sales; commercial gas sales reached 4.88 billion cubic meters, a decrease of 2.6%, accounting for 23.5% of the Group's gas sales; while residential gas sales reached 6.0 billion cubic meters, an increase of 4.2%, accounting for 28.9% of the Group's gas sales.

In the first half of 2025, the Group developed 831,000 new residential users, of which 667,000 new homes connected users and 164,000 old houses connected users.

In the first half of 2025, integrated services turnover was HK$1.45 billion, down 18.1% year on year, and segment profit was HK$590 million, down 22.6% year on year. The Group believes that through continuous and in-depth promotion, the integrated service industry still has huge room for development in the future and will become an important part of the Group's business.