Yuxing InfoTech Investment Holdings Ltd 2018 AR2

The report highlights Yuxing InfoTech Investment Holdings Limited's performance in 2018, a key year of transformation where the company focused on reducing costs and increasing efficiency. To minimize losses in its Information Home Appliances (IHA) business, the company outsourced its production line in the second half of 2018, which improved its overall gross profit margin to 6.9%. In its Internet Data Centre (IDC) business, the company made progress on its first IDC project in San Jose, USA, obtaining a building permit and entering the main contractor tendering stage. However, due to adverse capital market conditions, the company recorded a loss attributable to owners of HK$397.9 million.

Company: Yuxing InfoTech Investment Holdings Ltd

Sector: Consumer Discretionary

Country: China

Year: 2018

Type: AR2

Pages: 146

Back to company

Yuxing InfoTech Investment Holdings Ltd

Yuxing InfoTech Investment Holdings Ltd 2018 Annual Report

Annual Report

The report highlights Yuxing InfoTech Investment Holdings Limited's performance in 2018, a key year of transformation where the company focused on reducing costs and increasing efficiency. To minimize losses in its Information Home Appliances (IHA) business, the company outsourced its production line in the second half of 2018, which improved its overall gross profit margin to 6.9%. In its Internet Data Centre (IDC) business, the company made progress on its first IDC project in San Jose, USA, obtaining a building permit and entering the main contractor tendering stage. However, due to adverse capital market conditions, the company recorded a loss attributable to owners of HK$397.9 million.

Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.

Document Details

Report Year

2018

Reporting Period

Jan 1, 2018 - Dec 31, 2018

Fiscal Year

2018

Published

Mar 1, 2019

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:

Water Consumption

Total Waste

Employees