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China Gas Industry Reports Mixed Mid-Year Results

China Gas Industry Reports Mixed Mid-Year Results

China Gas Industry Investment Holdings Co.Ltd. (HK:1940) has released an update.

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China Gas Industry Investment Holdings Co. Ltd. reported a decline in revenue by approximately 9.51% in the first half of 2024 compared to the same period in 2023, with net profits also falling by around 25.48%. Despite these challenges, the company saw a slight increase in gross profit of about 0.65%. No interim dividend will be paid for the year ending December 2024, maintaining the precedent set in the previous year.

For further insights into HK:1940 stock, check out TipRanks’ Stock Analysis page.

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