United Energy Group Limited announced its interim performance for the six months ended June 30, 2024. The revenue increased by 35.6% to approximately HK$8.44 billion compared to the same period last year, but the gross profit decreased by 25.9% to approximately HK$1.89 billion. The profit before interest, taxes, depreciation, and amortization decreased by 5.8%, and the net profit for the period decreased by 39.3% to approximately HK$1.01 billion. The basic earnings per share decreased by 38.7% to 3.90 HK cents. The equity attributable to owners of the company increased by 7.6%, and the total assets increased by 5.8%. The operational summary shows that the average equity production of assets in Pakistan decreased by 13.9%, while the average equity production of assets in the Middle East and North Africa increased by 12.1%. The Group will continue to explore various opportunities to optimize its capital structure and support organic and inorganic growth.

United Energy Group Limited announced its interim performance for the six months ended June 30, 2024. The revenue increased by 35.6% to approximately HK$8.44 billion compared to the same period last year, but the gross profit decreased by 25.9% to approximately HK$1.89 billion. The profit before interest, taxes, depreciation, and amortization decreased by 5.8%, and the net profit for the period decreased by 39.3% to approximately HK$1.01 billion. The basic earnings per share decreased by 38.7% to 3.90 HK cents. The equity attributable to owners of the company increased by 7.6%, and the total assets increased by 5.8%. The operational summary shows that the average equity production of assets in Pakistan decreased by 13.9%, while the average equity production of assets in the Middle East and North Africa increased by 12.1%. The Group will continue to explore various opportunities to optimize its capital structure and support organic and inorganic growth.