China HK Power (00931) announced its annual results for the year ending March 31, 2024. The group achieved revenue of HKD 454 million during the period, a year-on-year increase of 114.53%. Shareholders' losses amounted to HKD 139 million, a year-on-year narrowing of 16.69%, with a basic loss per share of 2.43 HK cents.
The announcement stated that the revenue growth was mainly driven by the sales and distribution of Henry Hub natural gas.