China Gas Industry Investment Holdings Co.Ltd. (HK:1940) has released an update.
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.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
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.