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China Resources Gas Group ( (HK:1193) ) has provided an update.
Chongqing Gas, a subsidiary of China Resources Gas Group, reported its unaudited financial results for the nine months ending September 30, 2025. The company saw a slight increase in revenue to RMB 7.38 billion, but experienced a significant drop in net profit to RMB 162 million compared to the previous year. Additionally, there was a notable decrease in cash and cash equivalents, highlighting potential liquidity challenges. The financial results, prepared under PRC GAAP, have not been audited and may be subject to adjustments, indicating that stakeholders should interpret the data with caution.
The most recent analyst rating on (HK:1193) stock is a Hold with a HK$20.00 price target. To see the full list of analyst forecasts on China Resources Gas Group stock, see the HK:1193 Stock Forecast page.
More about China Resources Gas Group
China Resources Gas Group Limited is a major player in the energy sector, primarily focusing on the distribution and sale of natural gas. The company operates through its subsidiaries, including Chongqing Gas, which is listed on the Shanghai Stock Exchange and is indirectly owned by China Resources Gas Group.
Average Trading Volume: 6,210,008
Technical Sentiment Signal: Sell
Current Market Cap: HK$47.54B
See more insights into 1193 stock on TipRanks’ Stock Analysis page.