Capital Finance Holdings Ltd 2021 AR2
The report highlights Capital Finance Holdings Limited's performance for the fiscal year 2021, during which the company navigated a challenging economic environment in the PRC and Hong Kong. Key developments included the acquisition of a 25% equity interest in Xuan Wei Biological Technology to enter the green production and agricultural industry, and a business restructuring to optimize resource utilization. The company also reported a turnaround in its short-term financing services, recording a profit before income tax of HK$59,059,000 compared to a loss in 2020, primarily due to a reversal of loss allowance for expected credit losses. Additionally, the company continued its commitment to environmental and social responsibilities, including reducing greenhouse gas emissions and supporting community epidemic prevention.
Company: Capital Finance Holdings Ltd
Sector: Financials
Country: Hong Kong
Year: 2021
Type: AR2
Pages: 191
Capital Finance Holdings Ltd
Annual Report
The report highlights Capital Finance Holdings Limited's performance for the fiscal year 2021, during which the company navigated a challenging economic environment in the PRC and Hong Kong. Key developments included the acquisition of a 25% equity interest in Xuan Wei Biological Technology to enter the green production and agricultural industry, and a business restructuring to optimize resource utilization. The company also reported a turnaround in its short-term financing services, recording a profit before income tax of HK$59,059,000 compared to a loss in 2020, primarily due to a reversal of loss allowance for expected credit losses. Additionally, the company continued its commitment to environmental and social responsibilities, including reducing greenhouse gas emissions and supporting community epidemic prevention.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
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:
Scope 3:
Energy Consumption
Water Consumption
Total Waste
Workplace Fatalities
Employees