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Zhongyu Gas Holdings Limited ( (HK:3633) ) has shared an announcement.
Zhongyu Gas Holdings Limited announced its interim results for the first half of 2025, reporting a 9.4% decrease in turnover compared to the same period in 2024. Despite this decline, the company saw a 2.7% increase in profit attributable to its owners, driven by a 100.7% increase in LNG sales to wholesale customers and a 30.6% rise in new piped gas connections for industrial and commercial clients. The results indicate a strategic shift towards expanding its LNG wholesale operations and enhancing its infrastructure capabilities, which could strengthen its market position and offer growth opportunities.
The most recent analyst rating on (HK:3633) stock is a Hold with a HK$4.00 price target. To see the full list of analyst forecasts on Zhongyu Gas Holdings Limited stock, see the HK:3633 Stock Forecast page.
More about Zhongyu Gas Holdings Limited
Zhongyu Gas Holdings Limited operates in the energy sector, focusing on the distribution and sale of natural gas. The company is involved in providing piped gas connections and managing integrated energy projects, with a significant market presence in supplying LNG to wholesale customers.
Average Trading Volume: 651,289
Technical Sentiment Signal: Sell
Current Market Cap: HK$10.33B
Find detailed analytics on 3633 stock on TipRanks’ Stock Analysis page.