Hong Kong & China Gas Logs Higher 2023 Profit Despite Lower Revenue
Hong Kong & China Gas (HKG: 0003) reported profit attributable to shareholders of HK$ 6.07 billion for the year ended Dec. 31, 2023, compared with HK$5.25 billion in the previous year, according to a
香港中華煤氣:年報
Advanced Hydrogen Producing Equipment Wins Top Prize and $1 Million in TERA-Award Competition
HONG KONG, April 22, 2024 /PRNewswire/ -- The results of the third TERA-Award Smart Energy Innovation Competition, hosted by Towngas, have been announced in Hong Kong. The Gold Award and a prize of US
Natural gas prices have increased in many places in the industry: the implementation of the gas favorable price mechanism is expected to improve the performance of urban combustion companies
According to a notice from the Putian Municipal Development and Reform Commission, the sales price of pipeline gas for residential users will be adjusted starting April 15. Furthermore, according to statistics from the Financial Federation reporter, since 2024, Shenzhen, Chengdu, Fuzhou and other places have announced gas price adjustment plans for residential pipelines, and sales prices for residential pipeline gas have all increased.
Hong Kong China Gas (00003.HK) was hired by Hengli and Kuaibao to carry out gas cooking furnace installation project and 5G mobile network service installation project
Hong Kong China Gas (00003.HK) announced that on April 12, 2024, Xingman, a wholly-owned subsidiary of the company, has signed and handed over such finalization notices to Hengli for the installation of gas cooking stoves with a total fixed contract amount of about HK$2.373 million in various locations where Henley confirmed its successful investment in the project.
Hong Kong Stock Afternoon Review | The three major indices fell sharply. The Hang Seng Index fell nearly 2%, domestic housing stocks and auto stocks declined, Vanke Enterprise fell more than 5%, and Xiaopeng Motor fell more than 4%
Most Technology Network stocks declined. Ali and Jingdong fell nearly 3%, and Xiaomi rose nearly 3%; gold stocks reversed the market, with Lingbao Gold up more than 7% and Zhaojin Mining by more than 5%; gas stocks declined; Xinao Energy fell by more than 4%, and Beijing Holdings fell nearly 3%.
Hong Kong China Gas (0003.HK): Continuously developing new energy business, steady progress in main business
Established in 1862, Hong Kong Zhonghua Gas Co., Ltd. is the first public utility company in Hong Kong. After more than 160 years of development, the company has grown from a simple natural gas company to the current leading enterprise in China's energy industry. presently
A quick look at the Hong Kong market | Hong Kong stocks rebounded collectively! The Ke Index rose more than 2%, with TechNet shares and auto stocks leading the way. Meituan rose more than 6%, and Zero Sports Auto rose nearly 14%
Gold stocks rose across the board. Lingbao Gold rose nearly 24%, and Zhaojin Mining rose more than 8%; Apple concept stocks generally rose; Gaowei Electronics and Ruisheng Technology rose nearly 6%, and Qiutai Technology rose nearly 2%; gas stocks had mixed ups and downs. Beijing Holdings fell more than 22%, and Xinao Energy rose nearly 4%.
HONGKONG CHINA GAS To Go Ex-Dividend On June 6th, 2024 With 0.02941 USD Dividend Per Share
March 27th - $HONGKONG CHINA GAS(HOKCY.US)$ is trading ex-dividend on June 6th, 2024. Shareholders of record on June 6th, 2024 will receive 0.02941 USD dividend per share on July 1st, 2024. The ex
A quick overview of the Hong Kong market | Hong Kong stocks picked up 1% in the afternoon. Tencent rose nearly 4% to lead the rise in Technet stocks; domestic housing stocks strengthened, and Longhu Group rose 3%
Auto stocks were strong throughout the day, with Zero Sports Auto up nearly 6% and Geely Auto up more than 3%; biotech stocks pulled back, Pharma Ming Joint fell nearly 8%, and Pharmaceutical Biotech fell more than 3%; gas stocks weakened collectively, Binhai Investment fell by more than 12% and Kunlun Energy fell by more than 4%; gold stocks declined, with Lingbao Gold falling nearly 5% and Zhaojin Mining falling nearly 3%.
Express News | Superfusion signs strategic cooperation with Hong Kong's China Gas and Saifang Technology
The Hong Kong and China Gas Company Limited Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected
As you might know, The Hong Kong and China Gas Company Limited (HKG:3) last week released its latest annual, and things did not turn out so great for shareholders.
As energy transformation progresses, Hong Kong and China Gas (0003.HK) creates a new paradigm for industry transformation
In the past two years, urban fuel companies have generally faced the problem of profit pressure, which has become a common challenge faced by the entire industry. Basically, for most urban fuel companies, natural gas sales are the main source of revenue, and gross margin earned from it is the main source of profit. Against the backdrop of rising natural gas prices due to the geographical conflict in the past two years and poor internal market facilitation mechanisms, the gross margin of urban fuel companies has narrowed, putting pressure on the overall profitability of the industry. However, as the adverse effects of the external environment gradually dissipated, compounded by the high level of global oil and gas capital expenditure, the fall in gas prices eased the profit pressure on urban fuel companies. Moreover, in many local administrations
Changes in Hong Kong stocks | Hong Kong and China Gas (00003) rose nearly 5% after the results, annual net profit increased 15.7% year-on-year, and the final interest rate remained at HK23 cents
The Zhitong Finance App learned that Hong Kong China Gas (00003) rose nearly 5% after the results. As of press release, it had risen 4.52% to HK$6.25, with a turnover of HK$262 million. According to the news, Hong Kong and China Gas announced annual results for the year ended the end of December last year, with a turnover of HK$56.971 billion, down 6.5% year on year; net profit of HK$6.07 billion, up 15.7% year-on-year; and earnings per share of HK$32.5 million. The final interest rate was HK23 cents, compared to HK23 cents for the same period last year. The full year dividend will remain at HK35 cents. Furthermore, the company recently announced that it has signed a strategic cooperation framework agreement with Shenneng Group to jointly promote
Featured announcements | Tencent's Q4 revenue increased 7% year over year to 155.196 billion yuan; Kuaishou Q4 revenue increased 15.1% year over year to 32.561 billion yuan
Jinshan Software: Achieved net profit of 484 million yuan in 2023, with a proposed final interest of HK$0.14 per share; China Coal Energy: Profit attributable to shareholders increased by 2.3% to $20.084 billion in 2023, with a final interest rate of $442.
HK & CHINA GAS To Go Ex-Dividend On June 6th, 2024 With 0.23 HKD Dividend Per Share
March 21st - $HK & CHINA GAS(00003.HK)$ is trading ex-dividend on June 6th, 2024. Shareholders of record on June 7th, 2024 will receive 0.23 HKD dividend per share on June 24th, 2024. The ex-divid
Hong Kong China Gas (00003) will pay a final dividend of HK$0.23 per share on June 24
Hong Kong China Gas (00003) announced that the company will pay a final dividend per share on June 24, 2024...
Hong Kong & China Gas: Group's Overall Business Performed Well in 2023 >0003.HK
Hong Kong & China Gas: Group's Overall Business Performed Well in 2023 >0003.HK
Profit attributable to shareholders of Hong Kong and China Gas (00003.HK) in 2023 of HK$6.07 billion increased 16% year over year
Hong Kong China Gas (00003.HK) announced its 2023 annual results. The overall business of the Group in 2023 is ideal and progressing steadily. While consolidating the development of the gas business, it is developing renewable energy business in an asset-light model and developing new energy businesses such as hydrogen energy and green methanol. Profit after tax attributable to the Group's shareholders for the year was HK$6.07 billion, up 16% from the previous year. The basic profit per share was HK$32.5 cents. Excluding non-operating profit and loss, core profit increased 11% to HK$5.894 billion. Excluding revaluation and appreciation of investment properties in the International Financial Center occupied by the Group, annual group tax
Hong Kong & China Gas 2023 Rev HK$56.97B Vs. HK$60.95B >0003.HK
Hong Kong & China Gas 2023 Rev HK$56.97B Vs. HK$60.95B >0003.HK
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