Golik Holdings Ltd 2005 AR2
The report outlines the financial and operational performance of Golik Holdings Limited for the fiscal year 2005. The company achieved a turnover of HK$2,278,449,000 and returned to profitability with a profit after taxation of HK$32,399,000, following a loss in the previous year. To navigate market volatility and high interest rates, the group adopted a conservative strategy, focusing on core businesses, improving productivity, and retiring a HK$120 million syndicated bank loan early. Additionally, the group completed a joint venture with U.K. wire rope manufacturer Bridon and improved its concrete and steel processing operations.
Company: Golik Holdings Ltd
Sector: Manufacturing
Country: Hong Kong
Year: 2005
Type: AR2
Pages: 77
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Golik Holdings Ltd
Annual Report
The report outlines the financial and operational performance of Golik Holdings Limited for the fiscal year 2005. The company achieved a turnover of HK$2,278,449,000 and returned to profitability with a profit after taxation of HK$32,399,000, following a loss in the previous year. To navigate market volatility and high interest rates, the group adopted a conservative strategy, focusing on core businesses, improving productivity, and retiring a HK$120 million syndicated bank loan early. Additionally, the group completed a joint venture with U.K. wire rope manufacturer Bridon and improved its concrete and steel processing operations.
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Document Details
Report Year
2005
Reporting Period
Jan 1, 2005 - Dec 31, 2005
Fiscal Year
2005
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees