Summary by Moomoo AI
China Gas Holdings Limited, a wholly-owned subsidiary of China Gas Holdings Limited (“China Gas”), has published audited financial statements for the year ended December 31, 2023 and unaudited financial statements for the three months ended March 31, 2024. The report showed that the total annual assets of SG investments amounted to RMB652 billion, total liabilities of about RMB367 billion, and total equity was about RMB285 billion. For the same period, the company's revenue reached RMB 224 billion and net profit was about RMB 14.65 million. In the first quarter of 2024, the total assets of SG invested slightly decreased to RMB 644 billion, total debt decreased to RMB 354 billion, total equity increased to RMB 290 billion, revenue was RMB 79 billion, and net profit was RMB 5.82 billion. The Company stresses that...Show More