Huayu Expressway Group Ltd 2024 AR2
The report outlines Huayu Expressway Group Limited's performance for the fiscal year 2024, highlighting a 51.3% decrease in revenue to RMB 198.1 million due to economic contraction in the PRC. Trading of liquor and spirits became a major business segment, though its growth was affected by the consumer market slowdown. The group continued its toll road operations on the Qing Ping Expressway, which provided a stable income. Additionally, the company advanced its upstream liquor investments, including the construction of a winery in Renhuai, Guizhou, expected to be completed in 2025.
Company: Huayu Expressway Group Ltd
Sector: Construction
Country: Hong Kong
Year: 2024
Type: AR2
Pages: 149
Huayu Expressway Group Ltd
The report outlines Huayu Expressway Group Limited's performance for the fiscal year 2024, highlighting a 51.3% decrease in revenue to RMB 198.1 million due to economic contraction in the PRC. Trading of liquor and spirits became a major business segment, though its growth was affected by the consumer market slowdown. The group continued its toll road operations on the Qing Ping Expressway, which provided a stable income. Additionally, the company advanced its upstream liquor investments, including the construction of a winery in Renhuai, Guizhou, expected to be completed in 2025.
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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:
Energy Consumption
Water Consumption
Total Waste
Workplace Fatalities
Employees