中国燃气售气与接驳短期承压，增值+电力业务有望贡献增长弹性

兴业证券2025-12-02

2025/26上半财年拥有人应占溢利同比下降24.2%，每股派息15港仙，自由现金流同比增长17.2%。2025/26上半财年，公司实现营业收入344.8亿港元，同比下降1.8%；毛利55.1亿港元，同比下降6.0%；分部溢利33.8亿港元，同比下降10.3%/3.9亿港元，其中天然气销售/接驳/LPG/增值/其他业务分别同比-0.9/-3.3/+0.03/+0.1/+0.1亿港元；拥有人应占溢利...

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