Oppein Home Group Inc 2022 AR2

The report highlights Oppein Home Group Inc.'s performance and strategic initiatives during the 2022 fiscal year. Despite unprecedented downward pressure in the real estate market, the company achieved a 9.97% increase in operating income to CNY 22.480 billion and a 0.86% increase in net profit to CNY 2.688 billion. Oppein advanced its large home furnishing business model, intelligent manufacturing, and organizational structure optimization. On the environmental front, the company expanded its rooftop photovoltaic power generation projects across its Qingyuan, Wuxi, and Tianjin bases, generating approximately 37.63 million kWh of clean electricity and reducing carbon dioxide emissions by about 21,460 tons. Additionally, Oppein was awarded the 7th Guangdong Provincial Government Quality Award for its outstanding performance in quality, leadership, and innovation.

Company: Oppein Home Group Inc

Sector: Consumer Discretionary

Country: China

Year: 2022

Type: AR2

Pages: 258

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Oppein Home Group Inc

Oppein Home Group Inc 2022 Annual Report

Annual Report

The report highlights Oppein Home Group Inc.'s performance and strategic initiatives during the 2022 fiscal year. Despite unprecedented downward pressure in the real estate market, the company achieved a 9.97% increase in operating income to CNY 22.480 billion and a 0.86% increase in net profit to CNY 2.688 billion. Oppein advanced its large home furnishing business model, intelligent manufacturing, and organizational structure optimization. On the environmental front, the company expanded its rooftop photovoltaic power generation projects across its Qingyuan, Wuxi, and Tianjin bases, generating approximately 37.63 million kWh of clean electricity and reducing carbon dioxide emissions by about 21,460 tons. Additionally, Oppein was awarded the 7th Guangdong Provincial Government Quality Award for its outstanding performance in quality, leadership, and innovation.

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Document Details

Report Year

2022

Reporting Period

Jan 1, 2022 - Dec 31, 2022

Fiscal Year

2022

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Materiality Assessment

Assurance

Assurance Provider

Assurance Standard

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Women on Board

Employees