70jilicom| Tianlun Gas is now rising by more than 4% and the promotion of the favorable price mechanism is expected to improve the profitability of urban gas companies
Tianlun Gas (01600) rose 4.5 percent in midday70jilicom.17%70jilicom, now reported 470jilicom.50 HKD70jilicom, the turnover was HK$3.94269 million.
Everbright Securities pointed out that under the influence of factors such as high natural gas prices and poor price adjustment by urban gas companies, urban gas companies are facing certain profit pressure. In the future, if more places actively promote natural gas price stabilization and upstream gas source purchase prices stabilize or decline, it is expected that the profitability of urban gas companies is expected to recover.
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