Brief: Hong Kong And China Gas Proposes Final Dividend Of HK23 Cents Per Share

Hong Kong and China Gas

17/03/2023 08:36

March 17 (Reuters) - Hong Kong and China Gas Co Ltd
 0003.HK :
    * PROPOSED FINAL DIVIDEND OF HK23 CENTS PER SHARE.
    * FY PROFIT ATTRIBUTABLE HK$5,247.9 MILLION VERSUS
HK$5,017.0
MILLION
    * FY REVENUE HK$ 60,953.4 MILLION VERSUS HK$53,563.7 MILLION
    * PREDICTS THAT GROWTH IN NUMBER OF GAS CUSTOMERS THAT COMES
WITH
URBAN DEVELOPMENT IN HONG KONG WILL LAST FOR SOME TIME
    * GROUP'S VOLUME OF GAS SALES AND NUMBER OF CUSTOMERS ARE
EXPECTED
TO INCREASE SIGNIFICANTLY IN 2023
    * GROUP HAS SET A TARGET TO PROVIDE SMART ENERGY SOLUTIONS
TO 200
INDUSTRIAL PARKS ON CHINESE MAINLAND BY 2025
    * IS ACTIVELY STUDYING AND EXPLORING INTEGRATION AND
UTILISATION
OF NATURAL GAS AND HYDROGEN ENERGY
    * GROUP HAS CARRIED OUT RELEVANT WORK ON FEASIBILITY OF
USING
UNDERGROUND GAS STORAGE FACILITY FOR HYDROGEN STORAGE

Further company coverage:  0003.HK 

 ((Reuters.Briefs@thomsonreuters.com;))