Wing Lee Property Investments Ltd 2021 AR2

The report highlights Wing Lee Property Investments Limited's performance for the fiscal year 2021, during which the company recorded a total comprehensive income of HK$61.0 million, recovering from a total comprehensive expense of HK$109.5 million in 2020. This recovery was primarily driven by an increase in the net changes in fair value of its investment properties and a significant fair value increase in its 10% investment in the Epic Capital Development Fund I, L.P. The company's rental income slightly decreased by 4.6% to HK$28.9 million due to negative rental reversions and concessions. On the sustainability front, the company reduced its electricity consumption at its headquarters to 17,686 kWh and maintained a 0% employee turnover rate.

Company: Wing Lee Property Investments Ltd

Sector: Real Estate

Country: Hong Kong

Year: 2021

Type: AR2

Pages: 117

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Wing Lee Property Investments Ltd

Wing Lee Property Investments Ltd 2021 Annual Report

Annual Report

The report highlights Wing Lee Property Investments Limited's performance for the fiscal year 2021, during which the company recorded a total comprehensive income of HK$61.0 million, recovering from a total comprehensive expense of HK$109.5 million in 2020. This recovery was primarily driven by an increase in the net changes in fair value of its investment properties and a significant fair value increase in its 10% investment in the Epic Capital Development Fund I, L.P. The company's rental income slightly decreased by 4.6% to HK$28.9 million due to negative rental reversions and concessions. On the sustainability front, the company reduced its electricity consumption at its headquarters to 17,686 kWh and maintained a 0% employee turnover rate.

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Document Details

Report Year

2021

Reporting Period

Jan 1, 2021 - Dec 31, 2021

Fiscal Year

2021

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 2:

Energy Consumption

Water Consumption

Women on Board

Workplace Fatalities

Employees