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Binhai Investment (02886.HK) 1Q26 Gas Sales Volume Up 21% YoY, Industrial and Commercial Gas Up 30%
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Binhai Investment (02886.HK) announced that for 1Q26 ended March this year, total pipeline gas sales volume reached approximately 794 million cubic meters, representing a YoY increase of approximately 21%. Of which, pipeline gas sales volume was approximately 585 million cubic meters, up approximately 23% YoY, including approximately 439 million cubic meters sold to industrial and commercial users, up approximately 31% YoY, while residential gas sales volume was approximately 146 million cubic meters, up approximately 4% YoY. Natural gas transmission volume amounted to approximately 209 million cubic meters, up approximately 15% YoY. The Group added approximately 5,000 new connected households during the period, bringing the cumulative number of connected households to approximately 2.449 million. The Group stated that it will focus on three key directions going forward: consolidating its city gas business, expanding value-added services, and advancing its transformation into an integrated energy supplier. Through industry chain integration and diversified market strategies, it aims to expand its customer base and enhance profitability. (ec/da) Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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