Lingbao Gold Group Co Ltd 2019 AR2
The report highlights Lingbao Gold Group Company Ltd.'s operations for the fiscal year 2019, during which the company produced approximately 16,519 kg of gold bullion, representing a 53.9% increase compared to the previous year. The company focused on its gold operations following the disposal of its copper-foil business. Despite production suspensions at some mines for rectification, the company stabilized its business operations and reduced its annual loan size by RMB 1.2 billion, decreasing finance costs by approximately RMB 80 million. Additionally, the company invested RMB 51.32 million in safety measures and environmental protection, achieving zero major safety or environmental accidents during the year.
Company: Lingbao Gold Group Co Ltd
Sector: Mining & quarrying
Country: Hong Kong
Year: 2019
Type: AR2
Pages: 189
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Lingbao Gold Group Co Ltd
Annual Report
The report highlights Lingbao Gold Group Company Ltd.'s operations for the fiscal year 2019, during which the company produced approximately 16,519 kg of gold bullion, representing a 53.9% increase compared to the previous year. The company focused on its gold operations following the disposal of its copper-foil business. Despite production suspensions at some mines for rectification, the company stabilized its business operations and reduced its annual loan size by RMB 1.2 billion, decreasing finance costs by approximately RMB 80 million. Additionally, the company invested RMB 51.32 million in safety measures and environmental protection, achieving zero major safety or environmental accidents during the year.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Water Consumption
Employees