Tai Sang Land Development Ltd 2023 AR2
The report outlines Tai Sang Land Development Limited's financial and sustainability performance for the fiscal year 2023. The Group's total revenue increased by 10.7% to HK$487.1 million, driven by a significant 49.3% growth in hotel and catering operations, although it recorded a consolidated loss of HK$164.4 million due to fair value losses on investment properties and rising interest expenses. On the environmental front, the Group set targets to reduce greenhouse gas emissions, air emissions, energy consumption, and water consumption by 10% by FY2032 compared to the FY2022 baseline. Additionally, the Group successfully conducted a materiality assessment, engaged key stakeholders, and maintained its commitment to community investment and workplace safety, reporting zero work-related fatalities.
Company: Tai Sang Land Development Ltd
Sector: Real Estate
Country: Hong Kong
Year: 2023
Type: AR2
Pages: 137
Tai Sang Land Development Ltd
Annual Report
The report outlines Tai Sang Land Development Limited's financial and sustainability performance for the fiscal year 2023. The Group's total revenue increased by 10.7% to HK$487.1 million, driven by a significant 49.3% growth in hotel and catering operations, although it recorded a consolidated loss of HK$164.4 million due to fair value losses on investment properties and rising interest expenses. On the environmental front, the Group set targets to reduce greenhouse gas emissions, air emissions, energy consumption, and water consumption by 10% by FY2032 compared to the FY2022 baseline. Additionally, the Group successfully conducted a materiality assessment, engaged key stakeholders, and maintained its commitment to community investment and workplace safety, reporting zero work-related fatalities.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
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
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Total Waste
Workplace Fatalities
Employees