Shenzhen Gas Corporation Ltd. provided earnings guidance for the first half of 2013. The company net profit is expected to grow 37.38% year on year to RMB 503 million in the first half of this year. Earnings per share were estimated at RMB 0.25 during the period.

The company attributed the strong profit growth to a gain from the disposal of two property assets and an increase in natural gas sales. The company's unaudited revenue fell 3.68% year on year to RMB 4.07 billion in the period, dragged downwards by a decline in the wholesale volume of liquefied petroleum gas. The firm's sales of natural gas jumped 31.50% year on year to 668 million cubic meters in the period.