Man Wah Holdings Ltd 2019 AR2
The report highlights Man Wah Holdings Limited's performance for the fiscal year ended March 31, 2019, during which the company achieved record-high revenue of HK$11,257,792,000 despite challenges from the US-China trade war. To mitigate tariff impacts, the company acquired Beyond Excel Holdings, moving some manufacturing to Vietnam. In sustainability, the company generated 15,839,000 kWh of electricity from rooftop solar photovoltaic systems, representing 35.2% of its China sofa production bases' consumption. Additionally, the company invested HK$7.22 million in staff training and donated HK$12,021,000 to public welfare.
Company: Man Wah Holdings Ltd
Sector: Manufacturing
Country: Hong Kong
Year: 2019
Type: AR2
Pages: 161
Man Wah Holdings Ltd
The report highlights Man Wah Holdings Limited's performance for the fiscal year ended March 31, 2019, during which the company achieved record-high revenue of HK$11,257,792,000 despite challenges from the US-China trade war. To mitigate tariff impacts, the company acquired Beyond Excel Holdings, moving some manufacturing to Vietnam. In sustainability, the company generated 15,839,000 kWh of electricity from rooftop solar photovoltaic systems, representing 35.2% of its China sofa production bases' consumption. Additionally, the company invested HK$7.22 million in staff training and donated HK$12,021,000 to public welfare.
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Document Details
Report Year
2019
Reporting Period
Apr 1, 2018 - Mar 31, 2019
Fiscal Year
2019
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 2:
Renewable Energy
Water Consumption
Total Waste
Employees