Hung Fook Tong Group Holdings Ltd 2020 Annual Report
Company: Hung Fook Tong Group Holdings Ltd
Sector: Manufacturing
Country: Hong Kong
Year: 2020
Type: Annual Report
Pages: 128
The report describes a challenging 2020 in which COVID-19 reduced the company's revenue to HK$702.5 million, although it achieved a five-fold increase in net profit. It highlights digital retail expansion, including 1,020,000 JIKA CLUB members and greater online delivery activity, alongside continued retail operations. Environmental actions included installing about 590 solar panels and recycling about 1,300 tonnes of food waste. Community support included in-kind sponsorships valued at more than HK$2.8 million and assistance to more than 100 NGOs, schools and associations.
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