China Resources Gas (01193) has unveiled its interim results for the six months ended June 30, 2026, posting a revenue of HK$53.381 billion, a year-on-year increase of 5.2%. Profit attributable to shareholders reached HK$2.429 billion, up 1.0%, with basic earnings per share at HK$1.06. The board has declared an interim dividend of HK$0.30 per share.
During the first half of 2026, the group's connection business revenue contribution decreased to 4.7% from 5.6% in the same period of 2025. The company believes there is room for further optimization in its revenue structure and remains confident in sustaining high-quality, long-term growth.
In line with its annual management theme of "Benchmarking Excellence, Enhancing Quality and Efficiency, and Embarking on a Smart Journey," the group has actively aligned with industry-leading standards to boost operational quality. It is also advancing smart operations to improve efficiency, further cementing its competitive edge in city gas markets across economically developed regions.
For the first half of 2026, the group strengthened its gas resource coordination capabilities, with coordinated volumes surpassing 4.1 billion cubic meters, up 17% year-on-year, and securing 0.4 billion cubic meters of unconventional resources. The upgraded gas aggregation platform now serves over 1,582 registered clients, with transaction volumes exceeding 6.9 billion cubic meters, a remarkable 185% increase.
Total natural gas sales reached 20.86 billion cubic meters in the period. Industrial gas sales grew 2.5% to 9.69 billion cubic meters, accounting for 46.5% of total sales. Commercial gas sales declined 4.0% to 4.68 billion cubic meters, representing 22.4% of the total. Residential gas sales rose 2.0% to 6.12 billion cubic meters, making up 29.3% of overall sales volume.
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