Asia Standard International Group Ltd 2017 AR2
The report outlines Asia Standard International Group Limited's financial and ESG performance for the fiscal year ended March 31, 2017. The company completed the extensive renovation of 33 Lockhart Road, successfully rebranding the asset and improving rental income. In the hospitality segment, the Group opened a new hotel in Causeway Bay, which contributed to its recurring income base. On the environmental front, the Group implemented energy-saving initiatives in its hotel operations, such as zone-controlled air conditioning and water-cooled chiller systems. Additionally, the Group made charitable donations totaling HK$8,552,000 to various organizations during the reporting year.
Company: Asia Standard International Group Ltd
Sector: Real estate
Country: Hong Kong
Year: 2017
Type: AR2
Pages: 154
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Asia Standard International Group Ltd
Annual Report
The report outlines Asia Standard International Group Limited's financial and ESG performance for the fiscal year ended March 31, 2017. The company completed the extensive renovation of 33 Lockhart Road, successfully rebranding the asset and improving rental income. In the hospitality segment, the Group opened a new hotel in Causeway Bay, which contributed to its recurring income base. On the environmental front, the Group implemented energy-saving initiatives in its hotel operations, such as zone-controlled air conditioning and water-cooled chiller systems. Additionally, the Group made charitable donations totaling HK$8,552,000 to various organizations during the reporting year.
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Document Details
Report Year
2017
Reporting Period
Apr 1, 2016 - Mar 31, 2017
Fiscal Year
2017
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees