2025-11-28 08:30Financial Performance - For the six months ended September 30, 2025, total revenue was HKD 34,481,081, a decrease of 1.8% compared to HKD 35,105,202 for the same period in 2024[4] - Gross profit for the same period was HKD 5,505,527, down 6.0% from HKD 5,855,695 in 2024[4] - The net profit for the six months ended September 30, 2025, was HKD 1,768,085, representing a decline of 21.9% from HKD 2,263,915 in 2024[4] - Basic earnings per share decreased to HKD 24.73 cents from HKD 32.71 cents, a drop of 24.5% year-over-year[5] - Other comprehensive income for the period was HKD 998,462, down from HKD 1,615,745 in the previous year, reflecting a decrease of 38.1%[5] - The group reported a revenue decrease of 1.8% to HKD 34,481,081,000 for the period, with net profit attributable to shareholders down 24.2% to HKD 1,334,217,000[32] - Basic earnings per share decreased by 24.4% to HKD 0.2473, while free cash flow increased by 17.2% to HKD 2,604,963,000[32] Assets and Liabilities - The total assets as of September 30, 2025, were HKD 104,031,353, compared to HKD 103,673,070 as of March 31, 2025, indicating a slight increase[6] - Non-current assets amounted to HKD 69,831,313, an increase from HKD 68,749,408 as of March 31, 2025[6] - The total assets as of September 30, 2025, amounted to HKD 105,677,861,000, compared to HKD 101,318,286,000 as of March 31, 2025, indicating a growth of approximately 4.2% [7] - Non-current liabilities increased to HKD 42,256,530,000 from HKD 40,591,581,000, reflecting a rise of about 4.1% [7] - The equity attributable to owners of the company was HKD 56,028,069,000, up from HKD 53,864,695,000, representing an increase of approximately 4% [7] - The total amount of bank loans and other loans for the group is HKD 62,868,140,000 as of September 30, 2025[66] Cash Flow and Expenses - Cash and cash equivalents were HKD 12,707,137, up from HKD 8,853,349 as of March 31, 2025, showing a significant increase[6] - The financial expenses for the period were recorded at HKD 348,064,000 [15] - The group achieved a net operating cash flow of HKD 3,127,333,000, compared to HKD 3,683,318,000 for the same period last year, while free cash flow reached HKD 2,604,963,000, up from HKD 2,222,093,000[61] Business Strategy and Market Focus - The company plans to focus on expanding its market presence and enhancing its product offerings in the upcoming quarters[3] - The group aims to deepen the application of artificial intelligence in business scenarios to accelerate digital transformation[31] - The group is expanding its overseas market presence in energy storage, electricity sales, and biomass businesses[31] - The group is committed to diversifying export strategies and expanding domestic demand to mitigate the impacts of tariffs and trade protectionism[28] - The group will continue to focus on "promoting repayment, expanding gross margin, reducing costs, and enhancing quality" as its overall business strategy[75] - The group aims to enhance market share by optimizing product structure and accelerating the expansion of new businesses[77] Operational Highlights - The total number of residential users connected to city gas projects reached 55.0 million, up 0.4 million from 54.6 million[34] - The total gas sales volume increased by 1.7% to 17,414 million cubic meters from 17,128 million cubic meters[34] - The company sold 17.41 billion cubic meters of natural gas, an increase of 1.7% year-on-year[42] - The number of industrial users connected increased by 9.6% to 28,262 from 25,792[41] - The group achieved LPG sales of 1.928 million tons, a decrease of 4.5% year-on-year, with total sales revenue of HKD 8,382,600,000, down 12.3% compared to the same period last year[48] Compliance and Governance - The group has adhered to corporate governance codes and confirmed compliance with the standards set for securities trading by directors[80]