Towngas says tourism rebound, incoming mainland talent will drive sales in 2025

Quick Summary:

Towngas says its renewable energy business on the mainland was a strong profit contributor.

He said the development of the Northern Metropolis, a planned IT hub in the northern New Territories near the border with mainland China, was expected to boost gas sales and create new opportunities for the company.

Analysts polled by Bloomberg expected a profit of HK$6.2 billion.

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Article Details

Author / Journalist: Yujie Xue

Category: Business

Markets: Hong KongChina

Topics: Mainland Kong Cent Hong Billion Sales Year Company Expected Tourism China

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-19 @ 20:45:15 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 269 words

Reading Time: 2 minutes read

Sentences: 9 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 27173279

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Official Website: scmp.com

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