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
Yuxing InfoTech Investment Holdings Ltd
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.
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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