Magnus Concordia Group Ltd 2023 AR2
The report of Magnus Concordia Group Limited for the fiscal year 2023 highlights the company's performance across its property development, printing, property investment, and treasury businesses. During the year, the group recorded a consolidated revenue of HK$417 million, representing a 74% decrease from the previous year, primarily due to lower residential sales in Zigong City. Despite market challenges, the printing business improved its gross margin to 20% through cost control measures. On the sustainability front, the group continued to implement energy-saving initiatives, reducing total energy consumption to 2,727.80 MWh and greenhouse gas emissions to 1,520.86 tonnes of CO2e. The group also maintained its commitment to social responsibility, with its printing business holding SA 8000:2014 certification.
Company: Magnus Concordia Group Ltd
Sector: Manufacturing
Country: Hong Kong
Year: 2023
Type: AR2
Pages: 282
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Magnus Concordia Group Ltd
Annual Report
The report of Magnus Concordia Group Limited for the fiscal year 2023 highlights the company's performance across its property development, printing, property investment, and treasury businesses. During the year, the group recorded a consolidated revenue of HK$417 million, representing a 74% decrease from the previous year, primarily due to lower residential sales in Zigong City. Despite market challenges, the printing business improved its gross margin to 20% through cost control measures. On the sustainability front, the group continued to implement energy-saving initiatives, reducing total energy consumption to 2,727.80 MWh and greenhouse gas emissions to 1,520.86 tonnes of CO2e. The group also maintained its commitment to social responsibility, with its printing business holding SA 8000:2014 certification.
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Document Details
Report Year
2023
Reporting Period
Apr 1, 2022 - Mar 31, 2023
Fiscal Year
2023
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:
Energy Consumption
Water Consumption
Women on Board
Workplace Fatalities
Employees