Green Energy Group Ltd. 2019 AR2
The report highlights Green Energy Group Limited's performance for the eighteen-month period ended June 30, 2019. During this period, the company shifted its focus toward renewable energy, specifically the trading of recyclable oil and biodiesel, which became its main revenue driver. The company also expanded into money lending and metal scrap recycling while discontinuing its bio-cleaning materials segment. Despite a significant increase in revenue to HK$97.0 million, the company recorded a net loss of HK$25.9 million, primarily due to increased operating costs in its German plastic recycling facilities and unfavorable foreign exchange fluctuations.
Company: Green Energy Group Ltd.
Sector: Water & waste services
Country: Hong Kong
Year: 2019
Type: AR2
Pages: 145
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Green Energy Group Ltd.
Annual Report
The report highlights Green Energy Group Limited's performance for the eighteen-month period ended June 30, 2019. During this period, the company shifted its focus toward renewable energy, specifically the trading of recyclable oil and biodiesel, which became its main revenue driver. The company also expanded into money lending and metal scrap recycling while discontinuing its bio-cleaning materials segment. Despite a significant increase in revenue to HK$97.0 million, the company recorded a net loss of HK$25.9 million, primarily due to increased operating costs in its German plastic recycling facilities and unfavorable foreign exchange fluctuations.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2018 - Jun 30, 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:
Workplace Fatalities
Employees