Ngai Hing Hong Co Ltd 2008 AR2
The report outlines the annual performance of Ngai Hing Hong Company Limited for the fiscal year ended June 30, 2008. The company achieved a twelve percent increase in turnover to HK$1,580,225,000, driven by growth in plastics trading and engineering plastic products. Profit attributable to equity holders rose by over sixty percent to HK$24,193,000, which included a gain from the disposal of its PVC business to PolyOne Corporation. To enhance competitiveness and reduce costs, the company planned to relocate some of its Southern China processing production lines to Hong Kong and establish its first engineering plastics plant in Shanghai.
Company: Ngai Hing Hong Co Ltd
Sector: Manufacturing
Country: Hong Kong
Year: 2008
Type: AR2
Pages: 142
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Ngai Hing Hong Co Ltd
Annual Report
The report outlines the annual performance of Ngai Hing Hong Company Limited for the fiscal year ended June 30, 2008. The company achieved a twelve percent increase in turnover to HK$1,580,225,000, driven by growth in plastics trading and engineering plastic products. Profit attributable to equity holders rose by over sixty percent to HK$24,193,000, which included a gain from the disposal of its PVC business to PolyOne Corporation. To enhance competitiveness and reduce costs, the company planned to relocate some of its Southern China processing production lines to Hong Kong and establish its first engineering plastics plant in Shanghai.
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Document Details
Report Year
2008
Reporting Period
Jul 1, 2007 - Jun 30, 2008
Fiscal Year
2008
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
Employees