SOCAM Development Ltd 2018 AR2
The report highlights SOCAM Development Limited's transition to prudent revitalisation and improved financial performance in 2018, with its net loss narrowing to HK$139 million. The company's construction business achieved higher profitability, and its property portfolio in Mainland China made positive progress, including the successful sales launch of SOHO units at Chengdu Centropolitan. In terms of sustainability, SOCAM reduced its greenhouse gas emissions to 70,677 tonnes of CO2 equivalent and maintained a low accident rate of 8 cases per thousand workers, well below the industry average. The company also demonstrated its commitment to the community by donating HK$1.5 million and contributing 2,367 volunteering hours.
Company: SOCAM Development Ltd
Sector: Construction
Country: Hong Kong
Year: 2018
Type: AR2
Pages: 192
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SOCAM Development Ltd
Annual Report
The report highlights SOCAM Development Limited's transition to prudent revitalisation and improved financial performance in 2018, with its net loss narrowing to HK$139 million. The company's construction business achieved higher profitability, and its property portfolio in Mainland China made positive progress, including the successful sales launch of SOHO units at Chengdu Centropolitan. In terms of sustainability, SOCAM reduced its greenhouse gas emissions to 70,677 tonnes of CO2 equivalent and maintained a low accident rate of 8 cases per thousand workers, well below the industry average. The company also demonstrated its commitment to the community by donating HK$1.5 million and contributing 2,367 volunteering hours.
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Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Water Consumption
Total Waste
Women on Board
Workplace Fatalities
Employees