Group 1 - The core viewpoint of the article highlights Tianlun Gas Holdings Limited's financial performance for the first half of 2025, showing a total revenue of 4.24 billion yuan, representing a year-on-year growth of 10.6% [2] - The revenue from gas sales increased by 12.8% to 3.64 billion yuan, while value-added business revenue surged by 27.6% to 230 million yuan, indicating a strong growth trajectory in these segments [2] - The company's revenue structure is improving, with gas sales and value-added business now accounting for 86% and 5.4% of total revenue, respectively, while the share of engineering installation and service revenue has decreased to 7% due to the downturn in the real estate sector [2] Group 2 - Tianlun Gas has reduced its foreign currency borrowing ratio, increasing the proportion of RMB borrowings from 71.0% at the end of the previous year to 80.7% [2] - The overall cost of funds for the company is 5.0%, which is a decrease of 0.5 percentage points compared to the end of 2024, indicating an improvement in debt structure [2]
天伦燃气上半年营收同比增长10.6% 收入及债务结构双优化