According to "Blue Chip," ENN ENERGY's annual net profit is RMB 5.904 billion, a decrease of 1.4%, with a final dividend of HKD 2.35

ENN ENERGY (02688.HK) announced its full-year results for the year ending last December, with revenue of RMB 111.905 billion, an increase of 1.9% year-on-year. Net profit was RMB 5.904 billion, a decrease of 1.4% year-on-year; earnings per share were RMB 5.31. A final dividend of HKD 2.35 was declared, the same as the same period last year. Including the interim dividend of HKD 0.65 already distributed, the total dividend for the year is HKD 3. The dividend payout ratio is equivalent to 45.5% of the group's core profit.

During the period, the revenue and gross profit from the natural gas retail business decreased by 0.8% and 1.6% year-on-year to RMB 60.248 billion and RMB 6.127 billion, respectively. The sales volume of natural gas retail was 26.606 billion cubic meters, an increase of 1.5% year-on-year. As for the sales volume of comprehensive energy, it reached 40.106 billion kilowatt-hours, a decrease of 3.5% year-on-year; the gross profit from comprehensive energy business recorded RMB 2.338 billion, an increase of 5.3% year-on-year, with the gross profit margin rising from 14.5% to 17.6%. The smart home business achieved revenue and gross profit of RMB 4.671 billion and RMB 3.114 billion, respectively, an increase of 1.7% and 4.8% year-on-year