China Gas Holdings Limited, which is engaged in the investment, construction and management of city gas pipeline infrastructure, distribution of natural gas and LPG, has reported a profit attributable to the owners of the company of HK$953.9 million, or 21.76 cents per basic share, for the year ended March 31, 2012, compared to HK$625.9 million, or 16.31 cents per basic share, for the year ended March 31, 2011.

Revenue for the year ended March 31, 2012 was HK$18.93 billion, compared to HK$15.86 billion, for the year ended March 31, 2011. Gross profit for the year ended March 31, 2012 was HK$3.60 billion, compared to HK$2.91 billion, for the year ended March 31, 2011.

EBIT for the year ended March 31, 2012 was HK$2.56 billion, compared to HK$1.78 billion, for the year ended March 31, 2011.

Wong Sin Yue, Cynthia, Chairman of China Gas, concluded, "Over the last decade we have built a business platform comprising the largest portfolio of city gas concessions in China. China Gas is ideally positioned to benefit from China's rapidly expanding gas consumption market and, through our extensive network, we will continue to play a key role in delivering the Chinese Government's plan to increase the supply of natural gas and promote clean energy usage across China.

"The Board of Directors is forward-focused and growth-orientated in rolling out our business expansion strategy. We are, furthermore, committed to the highest standards of corporate governance, risk management and corporate social responsibility to enhance value for our shareholders, employees and the wider community."