CR Gas Published Half-Year Business Results for 2013
2013-08-27,CR Gas

On August 23, CR Gas published the half-year business results for 2013. As of June 30, 2013, CR Gas had realized a total turnover of HK$ 9.786 billion and the profit attributable to shareholders was HK$ 1.072 billion, 76% and 41% up over the same period of 2012, respectively. The increase in turnover was mainly attributable to the organic growth and acquisition strategy for expanding the market coverage, increasing the sales volume and connection fee charged. The gas sales volume grew by 47% to 6.25 billion m3, with 17.37 million households connected to the CR Gas supply lines. The profit per share was HK$ 0.48 (1st half of 2012: HK$ 0.38).

The Board of CR Gas recommended that an interim dividend of HK$ 0.2 per share be distributed to shareholders as profit as of June 30 (Interim dividend for 2012: HK$ 0.2).