China Gas (HKG:0384) recorded a 16% decline in attributable profit for the year ended March 31 to HK$2.72 billion from HK$3.25 billion a year prior.
The Chinese natural gas distributor's earnings per share slipped to HK$0.50 from HK$0.60 in the previous fiscal year, according to a Friday Hong Kong bourse filing.
Revenue declined 7.1% to HK$73.6 billion from HK$79.3 billion in the year-ago period.
The company recommended a final dividend of HK$0.20 per share, payable Oct. 2 to shareholders of record as of Aug. 31, subject to shareholder approval.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments