Hong Kong and China Gas stock reports 23 percent profit growth

Hong Kong and China Gas stock reported a 23 percent increase in profit attributable to shareholders for the six months ended June 30, 2026, according to Futu. The share price stood at HKD 7.08 on HKEX on September 23, 2026, down 0.42 percent for the quoted session.

Profit growth outpaces revenue

Turnover reached HKD 29.526 billion in the first half, up 7 percent from the same period a year earlier. After-tax operating profit rose 19 percent to HKD 4.746 billion, while profit attributable to shareholders reached HKD 3.640 billion, according to Futu.

Basic earnings per share increased 23 percent to HKD 0.195 for the same period. The interim dividend was HKD 0.12 per share, unchanged from the comparable period, creating a clear contrast between earnings expansion and dividend stability.

Energy businesses add scale

The core Hong Kong gas business sold 14,414 million megajoules in the first half, a 3.5 percent year-over-year decline. Mainland gas sales totaled 18.6 billion cubic meters, while the price spread improved to RMB 0.55 per cubic meter, according to Futu.

Renewable energy added 0.2 GW of grid-connected distributed photovoltaic capacity, taking cumulative installed capacity to 3 GW. Electricity sales rose 12 percent to 1.32 billion kilowatt-hours, giving the group a quantified growth engine beyond regulated gas supply.

Stock below yearly high

At HKD 7.08 on September 23, 2026, the stock was 8.76 percent below its 52-week high of HKD 7.76 and above its 52-week low of HKD 6.40. Market capitalization stood at HKD 132,205,179,644 on the same date.

The Globe and Mail listed the latest analyst rating as Hold with a HKD 6.80 price target for Hong Kong and China Gas. The company describes its operations as a Hong Kong gas and energy network serving consumers through innovation and technology on its investor relations page.