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Union Gas earnings decline 16.5% y-o-y despite higher revenue for 1HFY2025

Nicole Lim
Nicole Lim • 2 min read
Union Gas earnings decline 16.5% y-o-y despite higher revenue for 1HFY2025
The group saw increased revenue from its liquid fuel and newly established EV charging and industrial gases business, but had lower income from government grants. Photo: Union Gas
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Union Gas has reported a 16.5% y-o-y lower earnings for the 1HFY2025 ended June 30 of $4.36 million.

The group’s revenue for the reporting period came in 3.8% y-o-y higher at $63.7 million, while gross profit grew 2.5% y-o-y to $22.6 million.

This higher revenue was attributed to an increase in revenue from its liquid fuel and newly established EV charging services and industrial gases business segments.

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