China Resources Gas Group Ltd
01193: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| >#J | LOCK|d!Zh | LOCK|BQ!&vM |
China Resources Gas Earnings: Weakness Across All Segments; Valuation Cut by 18% to HKD 20
China Resources Gas’, or CRG's, first-half net profit fell 30% year on year to HKD 2.4 billion due to weakness across all segments. Management has lowered full-year guidance for gas sales volume, new residential connections, comprehensive service revenue, and integrated energy sales.
