1957 & Co (Hospitality) Ltd 2024 AR2
The report highlights the sustainability and financial performance of 1957 & Co. (Hospitality) Limited for the fiscal year 2024. During the year, the company successfully transitioned from a loss to a profit of approximately HK$2.4 million, driven by supply chain optimization and cost management. The group expanded its portfolio by opening two new Modern Shanghai Imperial restaurants while closing two underperforming locations. In terms of environmental initiatives, the company implemented advanced energy-saving kitchen ventilation systems and transitioned to non-plastic single-use tableware in compliance with local regulations. Additionally, the group continued its partnership with OMNI to offer plant-based menu options, promoting sustainable dining choices.
Company: 1957 & Co (Hospitality) Ltd
Sector: Hospitality & food services
Country: Hong Kong
Year: 2024
Type: AR2
Pages: 168
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1957 & Co (Hospitality) Ltd
Annual Report
The report highlights the sustainability and financial performance of 1957 & Co. (Hospitality) Limited for the fiscal year 2024. During the year, the company successfully transitioned from a loss to a profit of approximately HK$2.4 million, driven by supply chain optimization and cost management. The group expanded its portfolio by opening two new Modern Shanghai Imperial restaurants while closing two underperforming locations. In terms of environmental initiatives, the company implemented advanced energy-saving kitchen ventilation systems and transitioned to non-plastic single-use tableware in compliance with local regulations. Additionally, the group continued its partnership with OMNI to offer plant-based menu options, promoting sustainable dining choices.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Women on Board
Workplace Fatalities
Employees