/PRNewswire/ Group revenue remained essentially flat at US$2,370.5 million Sales of electronic learning products surpassed US$1 billion Global materials.
Hongkong Land continues to grow Sustainable Financing with S$910 Million Sustainability-linked SORA-based loans signed in Singapore
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HONG KONG, June 29, 2021 /PRNewswire/ Hongkong Land has continued to drive sustainable financing with the signing in June of S$910 million (US$688 million) of sustainability-linked loans. Including these transactions, Hongkong Land has executed sustainability-linked loans amounting to US$1.9 billion with lenders in Hong Kong, Singapore and Thailand in the last 12 months.
The transactions are five-year revolving credit facilities signed bilaterally with DBS, MUFG, OCBC Bank, SMBC, and UOB which reference the Singapore Overnight Rate Average (SORA).
Hongkong Land will be eligible to receive a tiered discount on the interest rate of the loans if it achieves agreed ESG targets. hese targets include demonstrating continuous improvements in greenhouse gas emissions, electricity consumption, food waste, and solar en
VTech Announces FY2021 Annual Results
Record revenue and profit, with growth from all three products lines
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Group revenue increased 9.5% to a record US$2,372.3 million
Profit attributable to shareholders of the Company rose 21.1% to a record US$230.9 million
Final dividend of US74.0 cents per ordinary share, resulting in a record full-year dividend of US91.0 cents, up 71.7% year-on-year
Gross profit margin unchanged at 30.6%
Positive result despite supply chain disruptions in 1H and components shortages in 4Q
45th anniversary marked with a sustainability-led strategy and increased focus on digitisation
VTech Holdings Limited (HKSE: 303) today announced its results for the financial year ended 31 March 2021, showing record revenue and profit, with growth from all three product lines.