Wing Lee Property Investments Ltd 2016 AR2
The report highlights Wing Lee Property Investments Limited's financial and ESG performance for the fiscal year 2016. The company continued its focus on property investment and leasing in Hong Kong, maintaining a portfolio of 35 properties in Hong Kong and one in the PRC. Despite a challenging market, rental income increased by 9.7% to HK$32.6 million, though a decrease in property valuations led to a net loss of HK$1.1 million. On the ESG front, the company published its first ESG report, detailing initiatives in energy conservation, water reduction, and community investment, including a HK$50,000 donation to The University of Hong Kong.
Company: Wing Lee Property Investments Ltd
Sector: Real Estate
Country: Hong Kong
Year: 2016
Type: AR2
Pages: 101
Wing Lee Property Investments Ltd
Annual Report
The report highlights Wing Lee Property Investments Limited's financial and ESG performance for the fiscal year 2016. The company continued its focus on property investment and leasing in Hong Kong, maintaining a portfolio of 35 properties in Hong Kong and one in the PRC. Despite a challenging market, rental income increased by 9.7% to HK$32.6 million, though a decrease in property valuations led to a net loss of HK$1.1 million. On the ESG front, the company published its first ESG report, detailing initiatives in energy conservation, water reduction, and community investment, including a HK$50,000 donation to The University of Hong Kong.
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Document Details
Report Year
2016
Reporting Period
Jan 1, 2016 - Dec 31, 2016
Fiscal Year
2016
Published
Feb 24, 2017
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Water Consumption
Workplace Fatalities
Employees