China Gas Holdings Limited (“China Gas,” Stock Code: 384) reported its unaudited interim results for the six months ended 30 September 2025. Revenue was approximately HK$34,481 million, edging down 1.8% from the same period in 2024. Gross profit stood at about HK$5,506 million, representing a 6.0% decrease year-on-year. Profit attributable to owners of the company reached approximately HK$1,334 million, down 24.2% year-on-year, while basic earnings per share declined to HK24.73 cents from HK32.71 cents in 2024. Free cash flow rose 17.2% year-on-year to about HK$2,605 million.
During the review period, China Gas connected 676,347 new residential users, bringing its total residential connections to 49.13 million. New industrial and commercial user connections reached 1,213 and 20,360, respectively. Overall natural gas sales reached 17.41 billion cubic meters, up 1.7% year-on-year, with 9.19 billion cubic meters in city pipeline sales and 8.22 billion cubic meters through trading and direct pipelines. The company’s liquefied petroleum gas (LPG) business recorded sales of approximately 1.93 million tons.
China Gas declared an interim dividend of HK15.0 cents per share, payable on or about 6 February 2026 to shareholders of record on 9 January 2026. The register of members is scheduled to close from 7 January to 9 January 2026 (both days inclusive).
Looking ahead, the management highlighted the importance of safe operations, continued cost controls, stable residential connections, and expanding contributions from its value-added services, integrated energy, and LPG segments. The company also noted it will continue to deploy measures that strengthen digital integration, enhance upstream resource coordination, and refine internal risk management. Management considers these steps crucial for sustaining growth and creating long-term value for shareholders and stakeholders alike.
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