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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.