Multifield International Holdings Ltd 2023 AR2
The report highlights Multifield International Holdings Limited's performance for the fiscal year 2023, during which the company recorded a net profit of HK$249 million, representing a 33% decrease from the previous year due to lower fair value gains on investment properties and increased finance costs. The Group's property investment portfolio in Hong Kong and Shanghai continued to generate stable rental revenue, with Windsor Renaissance in Shanghai maintaining an average occupancy rate of 81%. In terms of sustainability, the company progressed toward its target of a 20% reduction in absolute greenhouse gas emissions by 2030 compared to the 2020 baseline. Additionally, the Group expanded its property portfolio by investing in Malaysia to diversify its property investment and development portfolio.
Company: Multifield International Holdings Ltd
Sector: Real Estate
Country: Hong Kong
Year: 2023
Type: AR2
Pages: 139
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Multifield International Holdings Ltd
Annual Report
The report highlights Multifield International Holdings Limited's performance for the fiscal year 2023, during which the company recorded a net profit of HK$249 million, representing a 33% decrease from the previous year due to lower fair value gains on investment properties and increased finance costs. The Group's property investment portfolio in Hong Kong and Shanghai continued to generate stable rental revenue, with Windsor Renaissance in Shanghai maintaining an average occupancy rate of 81%. In terms of sustainability, the company progressed toward its target of a 20% reduction in absolute greenhouse gas emissions by 2030 compared to the 2020 baseline. Additionally, the Group expanded its property portfolio by investing in Malaysia to diversify its property investment and development portfolio.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
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:
Scope 3:
Energy Consumption
Water Consumption
Women on Board
Women in Management
Workplace Fatalities
Employees