China Resources Gas Sees Revenue Growth Despite Profit Dip

China Resources Gas Group (HK:1193) has released an update.

Chongqing Gas, a subsidiary of China Resources Gas Group, reported a slight revenue increase to RMB 7.17 billion for the nine months ending September 2024, despite a decline in net profit compared to the previous year. The company’s financial results also showed a notable improvement in cash flow, with a substantial net cash increase, reflecting stronger financial stability. Investors should be cautious as these figures are unaudited and might undergo adjustments.

For further insights into HK:1193 stock, check out TipRanks’ Stock Analysis page.