Kwoon Chung Bus Holdings Ltd 2020 AR2
The report outlines Kwoon Chung Bus Holdings Limited's financial and ESG performance for the fiscal year ended March 31, 2020. During the year, the group faced significant challenges due to social incidents and the COVID-19 pandemic, resulting in a 91.5% decrease in consolidated profit to approximately HK$22 million. To mitigate these impacts, the company implemented cost-control measures, including salary reductions and deferred vehicle replacements. On the ESG front, the group continued to upgrade its fleet, with over 78% of vehicles meeting Euro V and Euro VI standards, and established the nonprofit Kwoon Chung Inclusive and Accessible Transport Services to provide accessible transportation.
Company: Kwoon Chung Bus Holdings Ltd
Sector: Transport & logistics
Country: Hong Kong
Year: 2020
Type: AR2
Pages: 165
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Kwoon Chung Bus Holdings Ltd
Annual Report
The report outlines Kwoon Chung Bus Holdings Limited's financial and ESG performance for the fiscal year ended March 31, 2020. During the year, the group faced significant challenges due to social incidents and the COVID-19 pandemic, resulting in a 91.5% decrease in consolidated profit to approximately HK$22 million. To mitigate these impacts, the company implemented cost-control measures, including salary reductions and deferred vehicle replacements. On the ESG front, the group continued to upgrade its fleet, with over 78% of vehicles meeting Euro V and Euro VI standards, and established the nonprofit Kwoon Chung Inclusive and Accessible Transport Services to provide accessible transportation.
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Document Details
Report Year
2020
Reporting Period
Apr 1, 2019 - Mar 31, 2020
Fiscal Year
2020
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:
Water Consumption
Employees