China Gas Industry Investment Holdings reports strong first half 2025 results

For the six months ended June 30, 2025, China Gas Industry Investment Holdings Co. Ltd. reported a total revenue of 701.86 million yuan, an increase of 9.54% compared to 640.75 million yuan in the same period of 2024. Gross profit for the period rose by 1.99% to 168.44 million yuan from 165.16 million yuan in 2024. The profit attributable to owners of the company significantly increased to 74.60 million yuan (2024: 51.79 million yuan), resulting in earnings per share of 0.06 yuan (2024: 0.04 yuan).

The growth was primarily driven by a 10.87% increase in revenue from pipeline industrial gas supply, reaching 512.59 million yuan, due to the addition of third-party users. Additionally, LNG and gas transmission services saw a substantial 34.83% revenue increase to 112.87 million yuan, attributed to the resumption of normal LNG production. Technical support and management services also contributed positively with a 21.62% revenue increase to 8.55 million yuan.

The group's total current assets as of June 30, 2025, increased by 3.00% to 864.46 million yuan, while total current liabilities grew by 10.84% to 605.93 million yuan. Capital commitments for property, plant, and equipment amounted to 36.83 million yuan. The board does not recommend an interim dividend for the period.