China Resources Gas reports H1 2025 profit drop, raises interim dividend

China Resources Gas Group (HKEX:1193) reported a 4.4% year-on-year decrease in revenue to HK$49,785 million for the six months ended June 30, 2025. Profit attributable to owners fell by 30.5% to HK$2,403 million, with basic earnings per share declining 30.9% to HK$1.05. Despite this, the group saw accumulated connected customers increase by 4.3% to 61.37 million, though gross gas sales volume slightly decreased by 0.7% to 20,755 million m³.

The board declared an interim dividend of HK$0.3 per share for the current period, up from HK$0.25 per share in 2024. The dividend is payable on October 31, 2025, to shareholders on record as of September 15, 2025.

During the period, the company repurchased 273,100 shares for an aggregate consideration of HK$5,885,666. The group also expanded its comprehensive energy business, signing 71 new distributed photovoltaic projects, 35 new distributed energy projects, and 107 transportation charging projects.