CNG – Brief – [NONRATED] – Positive earnings thanks to less depreciation
In 1H24 CNG revenue declined by 7% yoy, reaching 1,472bn as selling volume declined by 13% yoy. Despite those, Gross profit and NPAT grew strongly respectively by 22% and 25% yoy, driven by depreciation which declined by 63% yoy.
Featured Analysis
Derivatives: Selling pressure persists
Market commentary: Demand returns
May 2025: Record issuance, Rising maturity pressure
Market traders: Foreign investors maintained selling pressure
Derivatives: Caution returns
Market commentary: Diverging market movements
Derivatives: Downtrend continues
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13/06/2025
Derivatives: Selling pressure persists
13/06/2025
Market commentary: Demand returns

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