Kinetic Development Group Ltd. 2023 AR2
The report highlights Kinetic Development Group Limited's performance for the fiscal year 2023, focusing on its integrated coal operations and sustainable development. Despite facing underground mining challenges in the first half of the year, the company successfully resumed normal production at the Dafanpu Coal Mine, achieving a revenue of approximately RMB 4,745.1 million and a net profit of RMB 2,072.7 million. The Dafanpu Coal Mine maintained its national-level green mine status and passed inspections for intelligent mining. Additionally, the company expanded its business by acquiring a 73% stake in Star Idea Enterprises, entering the tobacco industry in Cambodia, and continued its ecological reclamation efforts by planting thousands of trees and shrubs.
Company: Kinetic Development Group Ltd.
Sector: Mining & quarrying
Country: China
Year: 2023
Type: AR2
Pages: 177
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Kinetic Development Group Ltd.
Annual Report
The report highlights Kinetic Development Group Limited's performance for the fiscal year 2023, focusing on its integrated coal operations and sustainable development. Despite facing underground mining challenges in the first half of the year, the company successfully resumed normal production at the Dafanpu Coal Mine, achieving a revenue of approximately RMB 4,745.1 million and a net profit of RMB 2,072.7 million. The Dafanpu Coal Mine maintained its national-level green mine status and passed inspections for intelligent mining. Additionally, the company expanded its business by acquiring a 73% stake in Star Idea Enterprises, entering the tobacco industry in Cambodia, and continued its ecological reclamation efforts by planting thousands of trees and shrubs.
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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
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Water Consumption
Workplace Fatalities
Employees