China Gas Holdings Ltd. has announced its audited consolidated financial results for the year ended 31 March 2025. The company reported a total segment revenue of HK$82.48 billion, a decrease from the HK$85.09 billion reported in the previous year. Sales of natural gas contributed HK$49.05 billion to the total revenue, compared to HK$52.44 billion the previous year. The sales of LPG increased to HK$19.58 billion from HK$17.98 billion. The profit before taxation for the year was HK$4.61 billion, down from HK$5.18 billion in the prior year. The company also recognized impairment losses on trade receivables and contract assets amounting to HK$685.60 million, which is higher than the HK$568.03 million recorded in the previous year. China Gas Holdings Ltd. did not provide specific outlook or guidance for the upcoming financial period in the announcement.
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