Tian Lun Gas Holdings Limited (HK:1600) has released an update.
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Tian Lun Gas Holdings Limited reported a modest increase in gas sales volume but experienced a 3.3% revenue decline and a 29.7% drop in core profit for the first half of 2024. Despite the downturn, the company maintained stable gas retail sales and declared an interim dividend of RMB4.79 cents per share. The financial results reflect the challenges faced while excluding the impact of the rural gasification business.
For further insights into HK:1600 stock, check out TipRanks’ Stock Analysis page.
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