Xingye Alloy Materials Group Ltd 2020 AR2
The report highlights Xingye Alloy Materials Group Limited's performance for the fiscal year 2020, during which the company achieved a steady increase in market share and brand influence in its copper processing business despite the COVID-19 pandemic. The group recorded a total revenue of RMB 4,534.9 million, representing a 6.6% increase year-on-year, and a profit attributable to shareholders of RMB 150.8 million, up 154.5% from 2019. In sustainability, the company implemented various energy-saving initiatives, such as the copper milling foam dryer transformation, which reduced natural gas consumption by approximately 65%. Additionally, the company prioritized employee development through its newly established tutor system and maintained a strong commitment to occupational health and safety.
Company: Xingye Alloy Materials Group Ltd
Sector: Industrials
Country: Hong Kong
Year: 2020
Type: AR2
Pages: 215
Xingye Alloy Materials Group Ltd
Annual Report
The report highlights Xingye Alloy Materials Group Limited's performance for the fiscal year 2020, during which the company achieved a steady increase in market share and brand influence in its copper processing business despite the COVID-19 pandemic. The group recorded a total revenue of RMB 4,534.9 million, representing a 6.6% increase year-on-year, and a profit attributable to shareholders of RMB 150.8 million, up 154.5% from 2019. In sustainability, the company implemented various energy-saving initiatives, such as the copper milling foam dryer transformation, which reduced natural gas consumption by approximately 65%. Additionally, the company prioritized employee development through its newly established tutor system and maintained a strong commitment to occupational health and safety.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
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:
Workplace Fatalities
Employees