AV Promotions Holdings Ltd 2019 AR2
The report highlights AV Promotions Holdings Limited's performance for the fiscal year 2019, during which the company navigated economic challenges in Hong Kong by diversifying its visual, lighting, and audio solution services into the PRC and Macau. Despite a 14.5% decrease in revenue to HK$203.8 million, the Group achieved a net profit of HK$24.5 million, up from HK$21.6 million in 2018, driven by improved gross profit margins. On the sustainability front, the company implemented various energy-saving, water-saving, and waste reduction measures, reporting a total electricity consumption of 89,204 kWh and total carbon emissions of approximately 172 tonnes. Additionally, the Group demonstrated its commitment to social responsibility by donating HK$337,000 to charitable organizations.
Company: AV Promotions Holdings Ltd
Sector: Arts, sports & recreation
Country: Hong Kong
Year: 2019
Type: AR2
Pages: 125
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AV Promotions Holdings Ltd
Annual Report
The report highlights AV Promotions Holdings Limited's performance for the fiscal year 2019, during which the company navigated economic challenges in Hong Kong by diversifying its visual, lighting, and audio solution services into the PRC and Macau. Despite a 14.5% decrease in revenue to HK$203.8 million, the Group achieved a net profit of HK$24.5 million, up from HK$21.6 million in 2018, driven by improved gross profit margins. On the sustainability front, the company implemented various energy-saving, water-saving, and waste reduction measures, reporting a total electricity consumption of 89,204 kWh and total carbon emissions of approximately 172 tonnes. Additionally, the Group demonstrated its commitment to social responsibility by donating HK$337,000 to charitable organizations.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Water Consumption
Workplace Fatalities
Employees