Summary by Futu AI
BG Blue Sky Holdings Limited ("the Company") recorded a revenue of 872.0 million Hong Kong dollars in the first half of 2024, a decrease of 26.8% compared to the same period last year, mainly due to a decrease in revenue from natural gas trading and distribution business. The gross margin was 16.7 million Hong Kong dollars, with a gross margin of 1.9%, a decrease of 62.5% compared to the same period last year. The profit for the period was 41.5 million Hong Kong dollars, and the profit attributable to the shareholders of the Company was 55.3 million Hong Kong dollars, an increase of 71.2% compared to the same period last year. The Group completed the acquisition of 49% equity interest in Beijing Younate Energy Engineering Technology Co., Ltd. during the reporting period and completed it in July 2024. In addition, the Group also completed the acquisition of the related assets of the Beijing Seventh Business Park Energy Center project. The Group will continue to focus on the new energy business and strive to become a first-class new energy enterprise.
