Core Viewpoint - China Port Energy (00931.HK) reported a slight increase in revenue but a significant rise in losses for the six months ending September 30, 2025, indicating challenges in its operations and market conditions [1] Financial Performance - The company recorded revenue of approximately HKD 250 million, a year-on-year increase of 0.1% [1] - The loss amounted to approximately HKD 72.8 million, an increase of 27.6% compared to the previous period's loss of about HKD 57 million [1] - The board does not recommend any interim dividend for the reporting period [1] Revenue Breakdown - Revenue from natural gas increased by approximately HKD 7 million or 3.2%, contributing 89.5% to total revenue, up from 86.8% in the previous period [1] - Revenue from renewable energy decreased by approximately HKD 6.6 million or 20.4%, accounting for 10.2% of total revenue, down from 12.8% [1] Segment Performance - Revenue from liquefied natural gas (LNG) retail point-to-point supply was approximately HKD 52.5 million, a decline of 32.3% from about HKD 77.4 million due to increased competition at refueling stations [2] - Revenue from LNG and pipeline gas wholesale was approximately HKD 160 million, an increase of 33.6% from about HKD 120 million, driven by local gas consumption growth and expanded distribution channels [2] - Revenue from LNG logistics distribution was approximately HKD 17.5 million, a decrease of 29.6% from about HKD 24.9 million, attributed to market competition and reduced customer demand [2] - Revenue from renewable energy product sales and distribution was approximately HKD 7.8 million, a decline of 66.2% from about HKD 22.9 million, mainly due to a decrease in contract signings [2] - Revenue from new energy comprehensive solutions increased by approximately HKD 18 million, or 91.3%, due to an increase in customer numbers and energy coverage [2] - Revenue from financial services was HKD 950,000, a slight decrease from HKD 1.02 million, primarily related to interest income from lending activities [2]
中国港能(00931.HK)中期收入约2.5亿港元 同比增加0.1%