China Resources Gas Group Ltd

01193: XHKG (HKG)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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China Resources Gas Earnings: Weak Results and Missed Guidance Lead to a 15% Valuation Cut

Chokwai Lee

Mar 31, 2025

China Resources Gas’ net profit fell 22% year on year to HKD 4.1 billion. This was attributable to disappointing gas sales, slowing comprehensive services revenue, falling new residential connections, and reduced gas connection margin.

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China Resources Gas Group Ltd

China Resources Gas Earnings: Weak Results and Missed Guidance Lead to a 15% Valuation Cut

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