FilingReader Intelligence

China gas industry revenue drops, profits inch up in 2024

April 30, 2025 at 06:10 AM UTCBy FilingReader AI

** China Gas Industry Investment Holdings Ltd (HKEX:1940) reported total revenue of CNY 1,313.61 million for 2024, a decrease of 11.26% compared to CNY 1,491.15 million in 2023. Gross profit decreased by approximately 4.17% to CNY 315.25 million. The company attributed this decline to the continued downturn in the steel market and intense competition in the liquefied industrial gas market.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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