tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

China Gas Industry Investment Holdings Issues Positive Profit Alert for H1 2025

Story Highlights
  • China Gas Industry Investment Holdings expects a net profit of at least RMB70 million for H1 2025.
  • The profit increase is due to the absence of impairment losses on property and equipment.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Gas Industry Investment Holdings Issues Positive Profit Alert for H1 2025

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

China Gas Industry Investment Holdings Co.Ltd. ( (HK:1940) ) has shared an announcement.

China Gas Industry Investment Holdings Co. Ltd. has announced a positive profit alert, expecting a net profit of no less than RMB70 million for the first half of 2025, compared to RMB51.79 million in the same period of 2024. The profit increase is attributed to the absence of impairment losses on property, plant, and equipment, although there was an increase in credit loss allowance for trade receivables. The company is finalizing its results, which are expected to be released on August 26, 2025, and advises caution to shareholders and potential investors.

The most recent analyst rating on (HK:1940) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on China Gas Industry Investment Holdings Co.Ltd. stock, see the HK:1940 Stock Forecast page.

More about China Gas Industry Investment Holdings Co.Ltd.

China Gas Industry Investment Holdings Co. Ltd. operates within the energy sector, focusing on investments in the gas industry. The company is incorporated in the Cayman Islands and is listed on the Stock Exchange of Hong Kong.

Average Trading Volume: 266,692

Technical Sentiment Signal: Buy

Current Market Cap: HK$624M

See more data about 1940 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1