According to the Zhitong Finance App, Zhongyu Energy (03633) announced its 2023 annual results. The Group's annual turnover was HK$13.644 billion, up 5.0% year on year. Profit attributable to company owners was HK$247 million, up 41.7% year on year, with a basic profit of HK8.74 cents per share.
The report shows that the increase in turnover is mainly due to increased revenue from gas pipeline construction, smart energy, and value-added services. The gas sales business continued to be the Group's biggest contributor in 2023, with sales reaching HK$10.997 billion, up 1.7% year-on-year in RMB terms. The growth of this business is mainly due to the Group's large and highly sticky user base, and the business will continue to contribute to the Group's core performance.