New Concepts Holdings Ltd 2017 AR2
The report highlights New Concepts Holdings Limited's performance for the fiscal year ended March 31, 2017, during which the group expanded its environmental protection business. The group completed the acquisitions of Taiyuan Tianrun Bioenergy Co., Ltd. and a 51% stake in Clear Industry Company Limited, significantly increasing its kitchen waste treatment capacity. Additionally, the group acquired the intellectual rights and equipment of Memsys to develop its industrial wastewater treatment business. While the environmental protection segment contributed 38.9% of total revenue, the construction business experienced a decline, recording its first loss due to intense market competition in Hong Kong.
Company: New Concepts Holdings Ltd
Sector: Construction
Country: Hong Kong
Year: 2017
Type: AR2
Pages: 137
Back to company
New Concepts Holdings Ltd
Annual Report
The report highlights New Concepts Holdings Limited's performance for the fiscal year ended March 31, 2017, during which the group expanded its environmental protection business. The group completed the acquisitions of Taiyuan Tianrun Bioenergy Co., Ltd. and a 51% stake in Clear Industry Company Limited, significantly increasing its kitchen waste treatment capacity. Additionally, the group acquired the intellectual rights and equipment of Memsys to develop its industrial wastewater treatment business. While the environmental protection segment contributed 38.9% of total revenue, the construction business experienced a decline, recording its first loss due to intense market competition in Hong Kong.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2017
Reporting Period
Apr 1, 2016 - Mar 31, 2017
Fiscal Year
2017
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees