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

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Xingye Alloy Materials Group Ltd

Xingye Alloy Materials Group Ltd 2020 Annual Report

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