Zhongtian Construction (Hunan) Group Ltd 2023 AR2

The report highlights Zhongtian Construction (Hunan) Group Limited's performance for the fiscal year 2023, during which the company was successfully listed on the Main Board of the Stock Exchange of Hong Kong on March 30, 2023. Despite a challenging real estate market in China, the Group maintained its revenue at approximately RMB 1,952.1 million, representing a 3.3% increase from 2022. However, net profit declined by 29.8% to approximately RMB 46.0 million, primarily due to increased impairment on financial and contract assets and higher listing expenses. On the sustainability front, the Group continued to implement its ESG strategies, successfully achieving its targets for air emissions, greenhouse gas emissions intensity, and water consumption.

Company: Zhongtian Construction (Hunan) Group Ltd

Sector: Industrials

Country: China

Year: 2023

Type: AR2

Pages: 132

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Zhongtian Construction (Hunan) Group Ltd

Zhongtian Construction (Hunan) Group Ltd 2023 Annual Report

Annual Report

The report highlights Zhongtian Construction (Hunan) Group Limited's performance for the fiscal year 2023, during which the company was successfully listed on the Main Board of the Stock Exchange of Hong Kong on March 30, 2023. Despite a challenging real estate market in China, the Group maintained its revenue at approximately RMB 1,952.1 million, representing a 3.3% increase from 2022. However, net profit declined by 29.8% to approximately RMB 46.0 million, primarily due to increased impairment on financial and contract assets and higher listing expenses. On the sustainability front, the Group continued to implement its ESG strategies, successfully achieving its targets for air emissions, greenhouse gas emissions intensity, and water consumption.

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Document Details

Report Year

2023

Reporting Period

Jan 1, 2023 - Dec 31, 2023

Fiscal Year

2023

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 2:

Energy Consumption

Water Consumption

Total Waste

Workplace Fatalities

Employees