YuanShengTai Dairy Farm Ltd 2020 AR2
The report highlights YuanShengTai Dairy Farm Limited's performance for the fiscal year 2020, during which the company achieved a net profit of RMB578.0 million, representing a 159% year-on-year increase. The total sales volume of raw milk increased by 6.3% to 355,599 tonnes, driven by herd expansion and improved milk yields. On the sustainability front, the company reduced its total energy consumption by 7% and greenhouse gas emissions from energy use by 7% through energy conservation initiatives, such as boiler replacements. Additionally, the company successfully resolved regulatory challenges regarding the Baiquan Ruixincheng Farm, obtaining all necessary environmental approvals to resume operations.
Company: YuanShengTai Dairy Farm Ltd
Sector: Agriculture, forestry & fishing
Country: China
Year: 2020
Type: AR2
Pages: 150
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YuanShengTai Dairy Farm Ltd
Annual Report
The report highlights YuanShengTai Dairy Farm Limited's performance for the fiscal year 2020, during which the company achieved a net profit of RMB578.0 million, representing a 159% year-on-year increase. The total sales volume of raw milk increased by 6.3% to 355,599 tonnes, driven by herd expansion and improved milk yields. On the sustainability front, the company reduced its total energy consumption by 7% and greenhouse gas emissions from energy use by 7% through energy conservation initiatives, such as boiler replacements. Additionally, the company successfully resolved regulatory challenges regarding the Baiquan Ruixincheng Farm, obtaining all necessary environmental approvals to resume operations.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Published
Mar 18, 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 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Employees