- Towngas published a 2025 annual results announcement, reporting revenue of HKD 54.33 billion and profit attributable to shareholders of HKD 5.69 billion.
- After-tax operating profit rose 2% to HKD 7.5 billion, while core operating profit increased 4% to HKD 6.0 billion; basic earnings per share were 30.5 HK cents.
- Non-operating gains and losses were HKD -311 million, and the board recommended a final dividend of 23 HK cents per share, taking the full-year dividend to 35 HK cents per share.
- Gas sold in Hong Kong was 27,181 million MJ, with management citing a 2.4% rise in residential consumption and a 2.6% decline in commercial and industrial consumption, resulting in overall domestic gas sales volume rising 0.1%.
- Mainland gas sales volume was 36.35 billion cubic metres, while the city-gas dollar margin increased by RMB 0.02 to RMB 0.54 per cubic metre following residential cost pass-throughs.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. HKCG - Hong Kong and China Gas Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260320-12060351), on March 20, 2026, and is solely responsible for the information contained therein.