Texhong International Group Ltd 2017 AR2
The report highlights Texhong Textile Group Limited's performance for the fiscal year 2017, during which the company achieved a record high revenue of RMB 16.31 billion, representing a 19.5% increase year-on-year. Despite fierce competition and stricter environmental laws in China, the company expanded its yarn production capacity and hit a record high yarn sales volume of approximately 650,000 tonnes. Additionally, the company acquired two jeanswear factories in Vietnam and Cambodia to boost its downstream business. On the sustainability front, the company implemented various energy and water conservation projects, such as air compressor system transformations and water recycling, resulting in significant resource savings.
Company: Texhong International Group Ltd
Sector: Consumer Discretionary
Country: Hong Kong
Year: 2017
Type: AR2
Pages: 256
Texhong International Group Ltd
Annual Report
The report highlights Texhong Textile Group Limited's performance for the fiscal year 2017, during which the company achieved a record high revenue of RMB 16.31 billion, representing a 19.5% increase year-on-year. Despite fierce competition and stricter environmental laws in China, the company expanded its yarn production capacity and hit a record high yarn sales volume of approximately 650,000 tonnes. Additionally, the company acquired two jeanswear factories in Vietnam and Cambodia to boost its downstream business. On the sustainability front, the company implemented various energy and water conservation projects, such as air compressor system transformations and water recycling, resulting in significant resource savings.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2017
Reporting Period
Jan 1, 2017 - Dec 31, 2017
Fiscal Year
2017
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
Energy Consumption
Water Consumption
Employees