Yunfeng Financial Group Ltd 2023 AR2
The report highlights Yunfeng Financial Group Limited's performance for the fiscal year 2023, during which the Group adopted the new accounting standard HKFRS 17. The Group's insurance revenue increased by 7% to HK$2,625 million, and it achieved a consolidated profit of HK$713 million, reversing a loss from the previous year. The Group's insurance division, YF Life, expanded its Mainland Chinese Visitor business and continued to innovate its product suite. On the ESG front, the Group maintained zero workplace fatalities and injuries, reduced its total energy consumption to 2,405 thousand kWh, and established the YF Life Scholarship at The University of Hong Kong.
Company: Yunfeng Financial Group Ltd
Sector: Financials
Country: Hong Kong
Year: 2023
Type: AR2
Pages: 391
Yunfeng Financial Group Ltd
Annual Report
The report highlights Yunfeng Financial Group Limited's performance for the fiscal year 2023, during which the Group adopted the new accounting standard HKFRS 17. The Group's insurance revenue increased by 7% to HK$2,625 million, and it achieved a consolidated profit of HK$713 million, reversing a loss from the previous year. The Group's insurance division, YF Life, expanded its Mainland Chinese Visitor business and continued to innovate its product suite. On the ESG front, the Group maintained zero workplace fatalities and injuries, reduced its total energy consumption to 2,405 thousand kWh, and established the YF Life Scholarship at The University of Hong Kong.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Published
Apr 24, 2024
Type
Annual Report with Sustainability Disclosures
Language
English, Chinese
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Energy Consumption
Water Consumption
Workplace Fatalities
Employees