ENN Energy Holdings Ltd

02688: XHKG (HKG)

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ENN Energy: Operating Performance Implies Gradual Recovery for China Gas Utilities

Chokwai Lee

Oct 28, 2024

ENN Energy’s cumulative nine-month operating data is in line with our expectations. Retail gas sales volume rose 4.8% year on year, while sales volume of integrated energy grew 21.4%. Dollar margin was CNY 0.54 per cubic meter with new residential connections of 1.1 million.

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ENN Energy Holdings Ltd

ENN Energy: Operating Performance Implies Gradual Recovery for China Gas Utilities

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