Detail akcie HK & China Gas Depository Receipt online

Business Summary: Hong Kong and China Gas Co Ltd is a company principally engaged in the production, distribution and marketing of gas, water supply and emerging environmentally friendly energy businesses. The Company operates its business through four segments. The Gas, Water and Related Businesses segment is engaged in the gas, water and related businesses including utility businesses in Mainland China, and Hong Kong gas business. The New Energy segment is engaged in the coal mining, and exploration, drilling and sale of crude oil. The Property Business segment is engaged in the property business. The Other segment is engaged in the engineering and related business.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, Hong Kong and China Gas Co Ltd(ADR) revenues decreased 7% to HK$56.97B. Net income applicable to common stockholders increased 16% to HK$6.07B. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net income reflects Share of results of associates increase from HK$865.2M to HK$2.36B (income).