Kong Shum Smart Management Group (Holdings) Ltd 2024 AR2
The report highlights Shi Shi Services Limited's performance for the fiscal year ended March 31, 2024, during which the Group recorded a revenue of approximately HK$588.7 million, representing a 7.5% increase compared to the previous year. The Group expanded its property management portfolio in Hong Kong by securing 12 new management contracts, including Leung King Estate and Tung Tau (II) Estate. Despite revenue growth, the Group recorded a net loss of approximately HK$46.6 million, primarily due to administrative expense increases and a HK$25.9 million impairment loss on properties, plant, and equipment in the PRC. On the sustainability front, the Group continued to implement energy conservation measures, reducing its total greenhouse gas emissions to 154 tonnes of CO2e.
Company: Kong Shum Smart Management Group (Holdings) Ltd
Sector: Business support services
Country: Hong Kong
Year: 2024
Type: AR2
Pages: 214
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Kong Shum Smart Management Group (Holdings) Ltd
Annual Report
The report highlights Shi Shi Services Limited's performance for the fiscal year ended March 31, 2024, during which the Group recorded a revenue of approximately HK$588.7 million, representing a 7.5% increase compared to the previous year. The Group expanded its property management portfolio in Hong Kong by securing 12 new management contracts, including Leung King Estate and Tung Tau (II) Estate. Despite revenue growth, the Group recorded a net loss of approximately HK$46.6 million, primarily due to administrative expense increases and a HK$25.9 million impairment loss on properties, plant, and equipment in the PRC. On the sustainability front, the Group continued to implement energy conservation measures, reducing its total greenhouse gas emissions to 154 tonnes of CO2e.
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Document Details
Report Year
2024
Reporting Period
Apr 1, 2023 - Mar 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English, Chinese
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Total Waste
Workplace Fatalities
Employees