Neway Group Holdings Ltd 2016 AR2
The report highlights Neway Group Holdings Limited's turnaround from a loss to a profit of approximately HK$74.0 million for the fiscal year 2016. The group's manufacturing and sales business saw a remarkable turnaround, recording a segment profit of HK$58.3 million due to cost reduction and efficiency enhancements. In terms of sustainability, the group achieved a 13.0% absolute reduction in carbon emissions and successfully implemented a non-invasive electromagnetic scale control system to improve boiler efficiency and reduce waste.
Company: Neway Group Holdings Ltd
Sector: Manufacturing
Country: Hong Kong
Year: 2016
Type: AR2
Pages: 238
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Neway Group Holdings Ltd
Annual Report
The report highlights Neway Group Holdings Limited's turnaround from a loss to a profit of approximately HK$74.0 million for the fiscal year 2016. The group's manufacturing and sales business saw a remarkable turnaround, recording a segment profit of HK$58.3 million due to cost reduction and efficiency enhancements. In terms of sustainability, the group achieved a 13.0% absolute reduction in carbon emissions and successfully implemented a non-invasive electromagnetic scale control system to improve boiler efficiency and reduce waste.
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Document Details
Report Year
2016
Reporting Period
Jan 1, 2016 - Dec 31, 2016
Fiscal Year
2016
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:
Water Consumption
Workplace Fatalities
Employees