Zhongran Investment, Subsidiary of China Gas Holdings Ltd., Reports RMB6 Billion in Outstanding Notes and Bonds
Reuters
Aug 29
Zhongran Investment, Subsidiary of China Gas Holdings Ltd., Reports RMB6 Billion in Outstanding Notes and Bonds
China Gas Holdings Limited has released the unaudited interim financial information for its wholly-owned subsidiary, Zhongran Investment Limited Company, for the six-month period ending June 30, 2025. The financial report revealed total assets amounting to RMB63.47 billion, with total liabilities of RMB33.26 billion and total equity standing at RMB30.21 billion. Zhongran Investment reported a revenue of RMB11.57 billion and a net profit of RMB769.27 million during this period. The company experienced a net decrease in cash and cash equivalents of RMB799.43 million, with cash reserves at the end of the period being RMB1.36 billion. These figures were prepared in accordance with the PRC generally accepted accounting principles and are based on unaudited management accounts.
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