China Oil and Gas Group FY2025 profit attributable to owners drops 55.36% to HK$80.72 million; revenue falls 14.1% to HK$15.159 billion

Reuters
Mar 27
China <a href="https://laohu8.com/S/ODVCI">Oil and Gas</a> Group FY2025 profit attributable to owners drops 55.36% to HK$80.72 million; revenue falls 14.1% to HK$15.159 billion
  • China Oil and Gas published an annual results announcement with audited consolidated earnings for the year ended Dec. 31, 2025.
  • Revenue fell 14.1% to HKD 15.2 billion, while profit for the year declined 10.9% to HKD 624.5 million.
  • Profit attributable to owners dropped 55.4% to HKD 80.7 million, and basic earnings per share decreased 54.3% to 1.6 HK cents.
  • Operating profit decreased 13.4% to HKD 1.2 billion, including net impairment losses of HKD 38.5 million on financial and contract assets and HKD 253.4 million on property, plant and equipment that management described as one-off items.
  • Natural gas sales volume decreased 6.9% to 4,266 million cubic meters, and the board proposed no final dividend.


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