2022-04-26-港交所-天津津燃公用_年报2021_201页_1mb

Summary of Annual Report for Tianjin Jinrang Public Utilities Co., Ltd. (Stock Code: 0125)

Company Overview: Tianjin Jinrang Public Utilities Limited engages primarily in the sale of pipeline natural gas and related services, including gas pipeline connections and gas meter installations. As of December 31, 2021, its parent company was Tianjin Gas Group, ultimately controlled by Tianjin National Capital Investment Corporation.

Financial Performance (2021):

• Revenue reached 1,579.77 million RMB, a decrease of 4.8% year-over-year.
• Net profit attributable to shareholders was 120.5 million RMB, achieving a turnaround from a loss; basic earnings per share (EPS) was 0.001 RMB.
  Detailed analysis of financial ratios and statements indicates improved profitability amid industry challenges.

Business Review: The management discussion highlights overcoming operational challenges during the COVID-19 pandemic, focusing on maintaining gas supply safety and expanding market share through innovation and efficiency. The company emphasized exploring new revenue streams and strengthening corporate governance.

(End of report)