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Hong Kong & China Gas Co ( (HK:0003) ) has issued an update.
In the first half of 2025, Hong Kong & China Gas Co reported stable gas sales and a 3% increase in after-tax operating profit, despite a 3% decrease in profit attributable to shareholders. The company is advancing its hydrogen energy projects and expanding its renewable energy portfolio, including a joint venture in green methanol production and a supply agreement for sustainable aviation fuel with British Airways. These initiatives are expected to drive future growth and support Hong Kong’s development as a green maritime fuel hub.
The most recent analyst rating on (HK:0003) stock is a Hold with a HK$7.00 price target. To see the full list of analyst forecasts on Hong Kong & China Gas Co stock, see the HK:0003 Stock Forecast page.
More about Hong Kong & China Gas Co
Hong Kong & China Gas Co, also known as Towngas, operates in the utility industry, focusing on gas sales and renewable energy solutions. The company is involved in the commercialisation of hydrogen energy and has a significant presence in both Hong Kong and mainland China, with interests in green methanol and sustainable aviation fuel.
Average Trading Volume: 23,115,316
Technical Sentiment Signal: Buy
Current Market Cap: HK$131.7B
Find detailed analytics on 0003 stock on TipRanks’ Stock Analysis page.