Decarbonisation InitiativesENN is one of the top three gas distributors in China and the first to disclose a detailed decarbonisation roadmap, paving the way for business opportunities from China’s decarbonisation journey.
Earnings GrowthRobust earnings growth from integrated energy and value-added businesses is expected to increase gross profit by 8% in FY25, driven by national carbon reduction efforts and enhanced energy efficiency.
Gas Volume GrowthGas volume growth is anticipated to be driven by new industrial customers, with a projected increase of around 4% in FY25, alongside an increase in dollar margin due to lower gas procurement costs and better efficiency.