Evergreen Products Group Ltd 2024 AR2
The report highlights Evergreen Products Group Limited's performance for the fiscal year 2024, during which the company recorded a 3.8% increase in revenue to HK$1,016.4 million, driven by rising demand for human hair extensions and lace wigs. Despite labor cost increases in Bangladesh, the gross profit margin improved slightly to 24.0% due to the devaluation of the Bangladeshi Taka. Net profit decreased by 17.6% to HK$39.7 million, impacted by higher finance costs and the expiry of a tax holiday in Bangladesh. On the sustainability front, the company launched a large-scale planting scheme in Kunming, planting 167 trees to support carbon removal, and continued its wastewater recycling initiatives.
Company: Evergreen Products Group Ltd
Sector: Consumer Staples
Country: Hong Kong
Year: 2024
Type: AR2
Pages: 195
Evergreen Products Group Ltd
Annual Report
The report highlights Evergreen Products Group Limited's performance for the fiscal year 2024, during which the company recorded a 3.8% increase in revenue to HK$1,016.4 million, driven by rising demand for human hair extensions and lace wigs. Despite labor cost increases in Bangladesh, the gross profit margin improved slightly to 24.0% due to the devaluation of the Bangladeshi Taka. Net profit decreased by 17.6% to HK$39.7 million, impacted by higher finance costs and the expiry of a tax holiday in Bangladesh. On the sustainability front, the company launched a large-scale planting scheme in Kunming, planting 167 trees to support carbon removal, and continued its wastewater recycling initiatives.
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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
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