GAS - Pipeline decommissioning provisions offset higher profit from under ToP segment - Earnings Flash
  • 2019-07-18T21:10:34
  • Company Research
GAS announced H1 results with revenue growth of 2.1%YoY and NPAT-MI growth of 5.2%YoY, mainly due to a 0.9% increase in sales volume and 1.9% higher in median fuel oil price (the benchmark for output gas price). H1 revenue and NPAT-MI completed 48.2% and 40.3% of our respective full year forecasts.