China Gas Holdings H1 Profit Increases
OREANDA-NEWS. December 16, 2013. Revenue for the six months ended September 30, 2013 was HKD 10.46 billion, compared to HKD 7.15 billion for the same period ended September 30, 2012.
Gross profit for the six months ended September 30, 2013 was HKD 2.48 billion, compared to HKD 1.60 billion for the same period ended September 30, 2012.
EBIT for the six months ended September 30, 2013 was HKD 2.14 billion, compared to HKD 1.43 billion for the same period ended September 30, 2012.
Liu Hui, executive chairman, managing director and president of China Gas, said: "China Gas has achieved rapid growth in various areas in the past six months. Operational and financial indicators such as gas sales, growth of the number of users and profitability have reached record highs, resulting in another set of brilliant results for the Group in the first half of the year 2013/14. I wish to thank all 36,000 staff of the Group for their continued dedication and the Board of Directors for their continuous support, enabling China Gas to reward all shareholders with another year of outstanding performance."
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