Huayu Expressway Group Ltd 2023 AR2
The report highlights Huayu Expressway Group Limited's performance for the fiscal year 2023, during which the company recorded a revenue of approximately RMB 407.1 million. The profit for the year increased significantly by 313.4% to about RMB 359.3 million, primarily driven by a gain of RMB 320.3 million from the disposal of its 60% equity interest in the Sui-Yue Expressway operation. Additionally, the company expanded its liquor and spirits segment by acquiring a controlling 51% interest in Guizhou Renhuai and a 28% interest in Huajia Winery. The Qing Ping Expressway continued to provide stable cash flow, with traffic volume returning to normal levels post-pandemic.
Company: Huayu Expressway Group Ltd
Sector: Construction
Country: Hong Kong
Year: 2023
Type: AR2
Pages: 155
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Huayu Expressway Group Ltd
Annual Report
The report highlights Huayu Expressway Group Limited's performance for the fiscal year 2023, during which the company recorded a revenue of approximately RMB 407.1 million. The profit for the year increased significantly by 313.4% to about RMB 359.3 million, primarily driven by a gain of RMB 320.3 million from the disposal of its 60% equity interest in the Sui-Yue Expressway operation. Additionally, the company expanded its liquor and spirits segment by acquiring a controlling 51% interest in Guizhou Renhuai and a 28% interest in Huajia Winery. The Qing Ping Expressway continued to provide stable cash flow, with traffic volume returning to normal levels post-pandemic.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
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:
Energy Consumption
Water Consumption
Total Waste
Workplace Fatalities
Employees