Financial Performance - The group's total revenue for 2023 was HKD 56,971 million, a decrease of 6% compared to HKD 60,953 million in 2022[3] - The net profit attributable to shareholders for the year was HKD 6,070 million, an increase of 16% from HKD 5,248 million in the previous year[3] - The core profit rose by 11% to HKD 5,894 million, compared to HKD 5,325 million in 2022[3] - Total revenue for the year ended December 31, 2023, was HKD 56,971.1 million, a decrease of 6.5% compared to HKD 60,953.4 million in 2022[14] - Net profit for the year increased to HKD 7,171.3 million, up 13.4% from HKD 6,324.4 million in the previous year[14] - Basic earnings per share rose to HKD 32.5, compared to HKD 28.1 in 2022, reflecting a growth of 15.7%[14] - The group reported a decrease in gas sales revenue to HKD 41.46 billion in 2023 from HKD 42.27 billion in 2022, reflecting a decline of 1.9%[28] - The total revenue for 2023 was HKD 54,335.1 million, a decrease from HKD 58,207.2 million in 2022, representing a decline of approximately 3%[30] - Adjusted EBITDA for 2023 was HKD 11,914.8 million, compared to HKD 12,046.4 million in 2022, indicating a slight decrease of about 1%[31] - The net profit for the year 2023 was HKD 7,171.3 million, down from HKD 6,324.4 million in 2022, reflecting a decrease of approximately 13%[31] Customer and Sales Growth - The total gas sales volume in Hong Kong was approximately 27,125 million megajoules, a slight decrease of 1% year-on-year[7] - The number of customers in Hong Kong increased by 24,574 to reach 2,020,000 by the end of 2023, representing a growth of 1%[3] - The mainland gas sales volume increased by 8% year-on-year, with a total of 34,699 million cubic meters sold[3] - The total gas sales volume for the group in 2023 was approximately 34.7 billion cubic meters, representing an 8% increase from the previous year[9] - The number of gas customers increased to approximately 40.19 million, a growth of 7.8%[9] Dividends and Shareholder Returns - The company plans to distribute a final dividend of HKD 0.23 per share, maintaining a total annual dividend of HKD 0.35 per share[6] - The company declared an interim dividend of HKD 0.12 per share and proposed a final dividend of HKD 0.23 per share, maintaining the same dividend levels as in 2022[38] - The company maintained a consistent dividend payout of HKD 6,531.0 million for both 2023 and 2022[14] Investment and Development - The company invested approximately HKD 10.2 billion in production facilities, pipelines, and other fixed assets to support ongoing business development[5] - The company is actively developing hydrogen energy and has signed a memorandum of understanding to use hydrogen as an alternative fuel for public buses[8] - The renewable energy business continues to expand, with a cumulative signed photovoltaic capacity of 2.96 GW and 1.8 GW connected to the grid[2] - The renewable energy business achieved profitability in 2023, with a total of 354 renewable energy projects, an increase of 171 projects from the previous year[10] - The group signed 1.6 GW of new distributed photovoltaic contracts and connected 1.2 GW to the grid during the year[10] - The group plans to enhance its renewable energy projects, with a focus on wind and solar power, as well as energy storage solutions[12] - The group is expanding its production capacity for sustainable aviation fuel (SAF) and green methanol, with expected annual production of 120,000 tons of green methanol in Inner Mongolia[13] Financial Position and Assets - Non-current assets totaled HKD 135,343.8 million, down from HKD 139,758.3 million in the previous year[16] - Current assets decreased to HKD 24,434.9 million from HKD 28,711.0 million in 2022[16] - Total liabilities decreased to HKD 39,424.5 million from HKD 43,522.8 million in 2022[17] - The company's net assets amounted to HKD 71,018.7 million, down from HKD 75,138.7 million in the previous year[17] - The total assets as of December 31, 2023, amounted to HKD 161,977.6 million, an increase from HKD 159,429.2 million in 2022[32] Financial Risks and Management - The group faces various financial risks, including market risk, credit risk, and liquidity risk, which are managed through fair value measurement of financial instruments[21] - The group has maintained a strong financial position, believing it has sufficient financial resources to meet its obligations[18] - The group’s financial instruments are measured at fair value, with a classification into three levels based on the observability of inputs used in the valuation[21] - The group has adopted new accounting standards effective from January 1, 2023, but these changes did not have a significant impact on the group's performance or financial position[20] Human Resources and Employment - As of December 31, 2023, the group employed 2,135 staff in the Hong Kong gas business, serving 2,019,656 customers, resulting in an overall productivity of 946 customers per employee[51] - The total human resources cost for 2023 was HKD 1.278 billion, an increase of HKD 21 million compared to the previous year[51] - The group’s total employee count, including mainland and overseas operations, was approximately 54,080 as of the end of 2023, an increase of about 210 from the previous year[52] Corporate Governance and Compliance - The group complied with all provisions of the Corporate Governance Code during the year ended December 31, 2023[55] - The group’s auditor provided an unqualified opinion on the financial statements for the years ended December 31, 2022, and 2023, with no significant issues raised[19]

Financial Performance - The group's unaudited net profit after tax for the six months ended June 30, 2023, was HKD 3.614 billion, an increase of HKD 237 million or 7% compared to the same period last year[11]. - The group's revenue, excluding fuel adjustment costs, was HKD 28.603 billion, a slight decrease from HKD 29.032 billion in the previous year[12]. - The after-tax profit attributable to shareholders for the first half of the year was HKD 1.115 billion, an increase of approximately 7.1% compared to the same period last year[22]. - The company reported a total comprehensive income of HKD 1,595.6 million for the period, significantly higher than HKD 778.0 million in 2022[28]. - The net profit for the period was HKD 4,319.5 million, representing an increase of 6.5% compared to HKD 4,056.5 million in 2022[28]. - The company's revenue for the six months ended June 30, 2023, was HKD 29,177.6 million, a decrease of 1.8% from HKD 29,721.0 million in 2022[27]. - The total revenue for the six months ended June 30, 2023, was HKD 27,902.1 million, compared to HKD 29,721.0 million for the same period in 2022, representing a decrease of approximately 6.1%[47]. - Adjusted EBITDA for the six months ended June 30, 2023, was HKD 6,680.6 million, down from HKD 6,522.7 million in 2022, indicating a slight increase of 2.4%[48]. Customer and Market Growth - The number of customers in Hong Kong reached 2,005,023, an increase of 9,941 customers compared to the end of 2022[13]. - The total gas sales volume in Hong Kong for the first half of 2023 was 14,966 million megajoules, a marginal increase of 0.6% year-on-year[13]. - The group's gas sales volume in mainland China increased to 17,454 million cubic meters, up from 16,057 million cubic meters in the previous year[12]. - The total gas sales volume for the utility business was approximately 17.5 billion cubic meters, an increase of 8.7% compared to the same period last year[15]. - The number of gas customers in mainland China increased to over 38.56 million, a growth of 7.1% year-on-year[15]. Strategic Initiatives and Business Development - The group maintained its strategy for zero carbon emissions and underwent a strategic business restructuring during the period[11]. - The group established a gas supply business segment, enhancing procurement, distribution, and storage capabilities, with total gas storage capacity nearing 400 million cubic meters after the commissioning of two new wells[16]. - The group is advancing renewable energy initiatives, focusing on hydrogen, energy storage, and smart energy, with a new research institute established in Shenzhen to foster clean energy technology[18]. - The company aims to achieve carbon neutrality by 2050, actively expanding low-carbon businesses such as renewable energy and hydrogen energy[23]. - The group signed strategic cooperation agreements with government agencies in Jiangsu and Shandong to promote energy-saving initiatives in public institutions[16]. Financial Position and Assets - The company's total assets as of June 30, 2023, were HKD 130,703.9 million, down from HKD 139,758.3 million at the end of 2022[29]. - The net asset value of the company was HKD 71,618.9 million, a decrease from HKD 75,138.7 million in the previous year[30]. - The group’s total liabilities decreased to HKD 17,611.8 million as of June 30, 2023, from HKD 22,004.3 million at the end of 2022, marking a decline of approximately 20.0%[66]. - The group’s total financial assets as of June 30, 2023, amount to HKD 5,204.5 million, compared to HKD 6,853.0 million as of December 31, 2022, indicating a decrease of approximately 24%[39]. Cash Flow and Investments - Net cash from operating activities for the six months ended June 30, 2023, was HKD 5,215.9 million, an increase of 17.4% from HKD 4,442.9 million in 2022[31]. - Net cash outflow from investing activities was HKD 3,987.8 million, compared to HKD 2,763.4 million in the previous year, reflecting a significant increase in investment expenditures[31]. - The group reported a cash outflow of HKD 2.066 billion from the sale of EcoCeres after accounting for cash and cash equivalents received[80]. - The group’s net cash outflow from acquisitions during the period was HKD 221.7 million[86]. Dividends and Shareholder Returns - A mid-term dividend of HKD 0.12 per share was declared for shareholders listed on the register as of August 31, 2023[24]. - The company paid dividends totaling HKD 4,291.8 million during the period, consistent with the previous year's dividend payments[32]. - The group plans to declare an interim dividend of HKD 2,239.2 million for 2023, maintaining the same level as the previous interim dividend[57]. Environmental and Social Governance - The board of directors established an Environmental, Social, and Governance (ESG) Committee on March 17, 2023, chaired by Mr. Wong Wai-yi[108]. - The group recognized a net gain of approximately HKD 4,700,000,000 from the sale of part of its equity in EcoCeres, Inc. as part of a business restructuring aimed at reducing carbon emissions[54]. Employee and Operational Efficiency - The number of employees in the Hong Kong gas business as of June 30, 2023, was 2,100, serving 2,005,023 customers, with a slight increase in productivity[93]. - The company plans to enhance customer service and operational efficiency through business innovation and digital applications, supporting gas sales in Hong Kong[25].

Financial Performance - For the first half of 2023, the group reported a net profit of HKD 3.614 billion, an increase of 7% compared to the same period last year, with earnings per share at HKD 0.194[3]. - The group achieved a post-tax profit attributable to shareholders of HKD 1.115 billion in the first half of 2023, representing an increase of approximately 7.1% compared to the same period last year[13]. - The net profit for the period was HKD 4,319.5 million, up from HKD 4,056.5 million in the previous year, indicating an increase of about 6.5%[20]. - The total comprehensive income for the period was HKD 1,595.6 million, significantly higher than HKD 778.0 million in the previous year, marking an increase of approximately 104.0%[20]. - The group reported a total revenue of HKD 29,177.6 million for the first half of 2023, a decrease from HKD 29,721.0 million in the same period of 2022, representing a decline of approximately 1.8%[19]. - Adjusted EBITDA for the group was HKD 6,680.6 million, compared to HKD 6,522.7 million in the previous year, reflecting an increase of 2.4%[34]. Gas Sales and Customers - Total gas sales in Hong Kong reached 14,966 million megajoules, a slight increase of 0.6% year-on-year, driven by a 22% growth in industrial gas sales due to the recovery of the tourism and catering sectors[4][5]. - In mainland China, gas sales volume was approximately 17.454 billion cubic meters, representing a year-on-year increase of nearly 9%[2][4]. - The total gas sales volume for the public utility business was approximately 17.5 billion cubic meters, an increase of 8.7% year-on-year, with gas customers growing to over 38.56 million[7]. - The number of gas customers in Hong Kong increased to 2,005,023, up by 9,941 customers from the end of 2022[4][5]. Renewable Energy Initiatives - The renewable energy distributed photovoltaic business has progressed well, with 91 zero-carbon smart park projects developed, totaling over 2.20 GW of signed capacity[2]. - The group aims to achieve carbon neutrality by 2050, actively expanding renewable energy and hydrogen-related low-carbon businesses[14]. - The renewable energy business has developed high-quality projects across 22 provincial regions, with 91 zero-carbon smart parks under development as of June 30, 2023[13]. - The group signed contracts for over 2.20 GW of photovoltaic installed capacity and connected over 1.12 GW to the grid by June 30, 2023[13]. Strategic Developments - The group has established a gas sourcing business segment to enhance its gas supply chain and reduce costs, with a total gas storage capacity nearing 400 million cubic meters[8]. - The group has signed strategic cooperation agreements with public institutions in Jiangsu and Shandong provinces to promote energy-saving initiatives and green transformation[8]. - The group exited a 25% stake in Shanghai Gas Co., recovering RMB 4.663 billion, while continuing to strengthen strategic cooperation in gas resources and renewable energy[2]. - The group has established a clean energy research institute in Shenzhen, focusing on five key R&D areas: hydrogen energy, energy storage, energy digitalization, renewable energy, and energy efficiency[9]. Financial Position and Liabilities - As of June 30, 2023, the group's current liabilities net amount is approximately HKD 7 billion, primarily due to the utilization of HKD 18.5 billion in short-term borrowings[23]. - The group's net assets stood at HKD 71.6 billion, down from HKD 75.1 billion at the end of 2022, indicating a decrease of approximately 4.5%[22]. - The total equity of the group is HKD 71.6 billion, compared to HKD 75.1 billion in the previous period, reflecting a decline of about 4.5%[22]. - The group reported a deferred tax liability of HKD 42.0 billion as of June 30, 2023, compared to HKD 39.6 billion at the end of 2022, representing an increase of approximately 6.1%[22]. Investments and Capital Management - The group plans to invest in renewable energy projects and enhance energy management technology to provide comprehensive energy solutions, aligning with national green development goals[17]. - The group issued a total of HKD 24.91 billion in medium-term notes as of June 30, 2023, compared to HKD 24.07 billion as of December 31, 2022, reflecting an increase of approximately 3.5%[52]. - The group successfully raised RMB 1.5 billion through the issuance of panda bonds in June 2023, with an average interest rate of 3.27%[52]. - The group’s long-term bank loans amounted to HKD 10.93 billion as of June 30, 2023, compared to HKD 8.29 billion as of December 31, 2022[53]. Human Resources and Governance - The total number of employees in the Hong Kong gas business was 2,100 as of June 30, 2023, compared to 2,076 a year earlier, showing a slight increase in workforce[49]. - The group reported a human resources cost of HKD 619 million for the first half of the year, which is an increase of HKD 4 million compared to the same period last year[49]. - The group has complied with all provisions of the Corporate Governance Code as of June 30, 2023[57].

香港中華煤氣有限公司 3 （股份代號： ） 二 零 二 二 年 年 報 願景 致力發展成為綠色智慧能源之領先企業，創造 可持續的綠色能源世界。 使命 為客戶供應安全、可靠、潔淨的智慧能源，提供優質服 務，履行社會責任，確保業務持續增長，提高股東投資 回報，為地球、社會和持份者帶來長遠利益。 目錄 2 2022年獎項及榮譽 61 2022年財務分析 4 2022年環境、社會及管治 62 十年業務結果比較 成績摘要 64 董事會報告 8 2022年業務版圖 76 企業管治報告 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其準確性或 完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因倚賴該等 內容而引致之任何損失承擔任何責任。 香 港 中 華 煤 氣 有 限 公 司 THE HONG KONG AND CHINA GAS COMPANY LIMITED (根據公司條例在香港註冊成立之有限公司) (股份代號: 3) 2022年 全 年 業 績 初 步 公 布 全年業務經營概況  年內集團整體售氣量在持續低落的大環境之下仍保持平穩，可再生能源項目 的拓展也得到穩步推進，初具規模化發展的基礎。  集團在內地的業務平穩發展，已於28個省級地區取得合共624個項目，本年度 新增的主要為可再生能源項目。  本年度集團股東應佔稅後溢利為港幣52億4千8百萬元，較上年度增加 港幣2億3千1百萬元，上升約5%，每股基本盈利為港幣28.1仙。  擬派末期股息每股港幣23仙。 主 席 報 告 ｢為了實現每個夢想，我們致力守護未來世代的環境資源，同時兼顧 ...

2022 中期報告 書 （股份代號：3） （根據公司條例在香港註冊成立之有限公司） 公司資料 | --- | |----------------| | | | | | 董事 | | 李家傑（主席） | | 李家誠（主席） | | 林高演 | | 馮孝忠 | | 李國寶 * | | 潘宗光 * | | 鄭慕智 * | | 黃維義 | | 何漢明 | * 獨立非執行董事 常務董事 黃維義 執行董事、首席財務總裁 暨公司秘書 何漢明 | --- | |-------| | | | | | | | | | | | | | | | | | | | | | | | | | --- | --- | |----------------|-------| | | | | | | | | | | 薪酬委員會 | | | 李國寶（主席） | | | 李家傑 | | | | | | 李家誠 | | | 潘宗光 | | | 鄭慕智 | | | --- | --- | |----------------|-------| | | | | | | | 提名委員會 | | | 李家傑（主席） | | | 李家誠（主席） | | | 李國寶 ...

香港中華煤氣有限公司 二零二一年年報 The Hong Kong and China Gas Company Limited 香港中華煤氣有限公司 香港北角渣華道363號23樓 www.towngas.com 二零二一年 年報 香港中華煤氣有限公司 （股份代號：3） f （）環保生活每一天 | --- | --- | --- | --- | --- | --- | --- | |-------|----------------------|-------|------------------|-------|--------------------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 目 錄 | | | | | | | | 02 2021 年獎項及榮譽 | 12 | 主席報告 | 42 | 多元化業務 | | | 04 | 邁向可持續發展未來 | 20 | 董事會 | ...