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JiaXing Gas Group Co. Ltd. Class H ( (HK:9908) ) just unveiled an update.
JiaXing Gas Group Co., Ltd. reported a revenue increase of 15.69% for the year ended December 31, 2024, reaching RMB3,420.3 million. Despite this growth, the company’s profit attributable to owners decreased by 21.51% to RMB187.6 million. The total sales volume of natural gas rose by 28.69% to 906 million cubic meters. The board has proposed a final dividend of RMB0.25 per share. These results indicate a strong sales performance but also highlight challenges in maintaining profitability, which may impact shareholder returns and strategic decisions moving forward.
More about JiaXing Gas Group Co. Ltd. Class H
JiaXing Gas Group Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the natural gas industry. The company focuses on the sale and distribution of natural gas, with a significant market presence as evidenced by its substantial sales volume.
YTD Price Performance: -8.16%
Average Trading Volume: 31,275
Technical Sentiment Signal: Buy
Current Market Cap: HK$962.2M
See more data about 9908 stock on TipRanks’ Stock Analysis page.