SOCAM Development Ltd 2022 AR2
The report outlines the company's financial and sustainability performance for the year ended December 31, 2022. Despite facing economic headwinds and a net loss due to foreign exchange fluctuations, the company achieved a 19.7% increase in turnover, driven by its construction business in Hong Kong. Key highlights include the completion of the Kwu Tung North multi-welfare services complex using Modular Integrated Construction (MiC) technology and the securing of HK$7.9 billion in new contracts. On the sustainability front, the company reduced its accident rate by 15.07% and increased total training hours by 25.2% under its 'Better Tomorrow 2021–2030' blueprint.
Company: SOCAM Development Ltd
Sector: Construction
Country: Hong Kong
Year: 2022
Type: AR2
Pages: 215
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SOCAM Development Ltd
Annual Report
The report outlines the company's financial and sustainability performance for the year ended December 31, 2022. Despite facing economic headwinds and a net loss due to foreign exchange fluctuations, the company achieved a 19.7% increase in turnover, driven by its construction business in Hong Kong. Key highlights include the completion of the Kwu Tung North multi-welfare services complex using Modular Integrated Construction (MiC) technology and the securing of HK$7.9 billion in new contracts. On the sustainability front, the company reduced its accident rate by 15.07% and increased total training hours by 25.2% under its 'Better Tomorrow 2021–2030' blueprint.
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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
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Workplace Fatalities
Employees