PPS International (Holdings) Ltd. 2019 AR2
The report highlights PPS International (Holdings) Limited's performance for the fiscal year ended June 30, 2019. The company focused on its core profitable businesses, namely environmental and cleaning services and money lending, achieving a net profit of approximately HK$18.5 million. In Hong Kong, the company faced challenges due to an 8% increase in the Statutory Minimum Wage, but successfully secured new significant service contracts in the commercial sector. The company's Shanghai operations continued to grow, contributing HK$30.8 million in revenue. Additionally, the company completed a rights issue, raising HK$46.7 million to support its money lending business and general working capital.
Company: PPS International (Holdings) Ltd.
Sector: Business support services
Country: Hong Kong
Year: 2019
Type: AR2
Pages: 194
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PPS International (Holdings) Ltd.
Annual Report
The report highlights PPS International (Holdings) Limited's performance for the fiscal year ended June 30, 2019. The company focused on its core profitable businesses, namely environmental and cleaning services and money lending, achieving a net profit of approximately HK$18.5 million. In Hong Kong, the company faced challenges due to an 8% increase in the Statutory Minimum Wage, but successfully secured new significant service contracts in the commercial sector. The company's Shanghai operations continued to grow, contributing HK$30.8 million in revenue. Additionally, the company completed a rights issue, raising HK$46.7 million to support its money lending business and general working capital.
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Document Details
Report Year
2019
Reporting Period
Jul 1, 2018 - Jun 30, 2019
Fiscal Year
2019
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
Total Waste
Workplace Fatalities
Employees