HK & China Gas reports 23 percent growth. HK & China Gas stock sits 9.28 percent below its high.

Published on 10/02/2026 at 04:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue reached HKD 29.526 billion in the first half of 2026, up 7.00 percent. HK & China Gas stock was EUR 0.78 on September 24, 2026 after EUR 0.78.

HK & China Gas, HK0003000038, Illustration mit AI erstellt.

HK & China Gas (HK0003000038) reported a 23.00 percent increase in profit attributable to shareholders for the first half of 2026, while its HKD 7.04 primary-market price stood 9.28 percent below the HKD 7.76 52-week high as of October 2, 2026. The interim figures, published on September 21, 2026, show a stronger earnings contribution from growth businesses alongside slower Hong Kong gas demand, according to Futubull.

Profit growth reaches 23 percent

For the six months ended June 30, 2026, revenue rose 7.00 percent year over year to HKD 29.526 billion, while profit attributable to shareholders reached HKD 3.640 billion. After-tax operating profit increased 19.00 percent to HKD 4.746 billion, and basic earnings per share rose 23.00 percent to HKD 0.195, according to FilingReader on September 21, 2026.

The board declared an interim dividend of HKD 0.12 per share, unchanged from the same period of 2025. Hong Kong town-gas sales fell 3.50 percent year over year to 14,414 million megajoules, while the mainland customer base reached 44.96 million after 690,000 additions, according to Futubull.

Growth engines offset utility drag

The figures point to a differentiated earnings mix. Core Hong Kong gas volumes weakened, but mainland price spreads improved to RMB 0.55 per cubic meter, while photovoltaic electricity sales rose 12.00 percent year over year to 1.32 billion kilowatt-hours in the first half of 2026, according to Futubull.

Valuation remains an important counterweight to the earnings improvement. Simply Wall St wrote on September 15, 2026 that the stock traded at a historical price-to-earnings ratio of 20.80, compared with 8.60 for its peer group. That comparison places greater importance on continued profit growth and on the performance of the newer energy businesses.

Tradegate quote remains dated

HK & China Gas was last at EUR 0.78 on Tradegate on September 24, 2026 at 1:14 p.m. CEST, versus the Tradegate prior close of EUR 0.78, a plus 0.33 percent change. Price source: substitute price Tradegate, Lang & Schwarz without data set.