Summary by Moomoo AI
BEIJING GAS BLUE SKY HOLDINGS LIMITED (“BEIJING GAS BLUE SKY”) ISSUED A POSITIVE PROFIT FORECAST ON 19 MARCH 2024, EXPECTING TO RECORD AN ANNUAL PROFIT OF AT LEAST HK$9000 MILLION FOR THE YEAR ENDED 31 DECEMBER 2023, AN INCREASE OF AT LEAST 677% COMPARED TO THE ANNUAL PROFIT OF APPROXIMATELY HK$1158.4 MILLION IN 2022. The growth was mainly due to the acquisition of the Guangxi City Gas Project, which was completed at the end of 2022, the profitable growth of the China-based Kyotang Liquefied Natural Gas Co., Ltd. Project, and the reduction of legal and professional expenses. The notice is based on the Board's preliminary review of the most recent unaudited consolidated management accounts and information currently available, the final data may be adjusted after further review. The Company will publish its annual results announcement before the end of March 2024.