Ying Kee Tea House Group Ltd 2024 AR2
The report outlines Ying Kee Tea House Group Limited's sustainability performance and initiatives for the fiscal year ended March 31, 2024. Facing a challenging retail environment in Hong Kong due to increased cross-border consumption, the Group's revenue decreased by 9.4% to HK$33.9 million, resulting in a net loss of HK$14.7 million. To navigate these headwinds, the company focused on cost reduction, expense management, and expanding indirect sales through HKTVmall. On the ESG front, the Group continued to implement energy and water conservation measures, resulting in reduced electricity and water consumption. Additionally, the Group maintained its ISO 9001:2015 certification for quality management and reported zero workplace fatalities for the third consecutive year.
Company: Ying Kee Tea House Group Ltd
Sector: Consumer Staples
Country: Hong Kong
Year: 2024
Type: AR2
Pages: 148
Ying Kee Tea House Group Ltd
Annual Report
The report outlines Ying Kee Tea House Group Limited's sustainability performance and initiatives for the fiscal year ended March 31, 2024. Facing a challenging retail environment in Hong Kong due to increased cross-border consumption, the Group's revenue decreased by 9.4% to HK$33.9 million, resulting in a net loss of HK$14.7 million. To navigate these headwinds, the company focused on cost reduction, expense management, and expanding indirect sales through HKTVmall. On the ESG front, the Group continued to implement energy and water conservation measures, resulting in reduced electricity and water consumption. Additionally, the Group maintained its ISO 9001:2015 certification for quality management and reported zero workplace fatalities for the third consecutive year.
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Document Details
Report Year
2024
Reporting Period
Apr 1, 2023 - Mar 31, 2024
Fiscal Year
2024
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
Workplace Fatalities
Employees