ENN Energy Holdings Ltd

02688: XHKG (HKG)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	HKD 46.00	Srxtvg	Yklsqwm

Mixed First-Half 2022 Results for ENN Energy; Lower Gas Sales Volume Offset by Trading Gain

Chokwai Lee

Aug 22, 2022

While narrow-moat-rated ENN Energy’s first-half 2022 net profit was down 18% year on year, core profit (stripping out items such as other losses and share-based payment expenses) of CNY 4.1 billion was up 11% and beat our expectation.

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