Sustainability Report 2020/21
Building Homes with Heart Producing premium premises and offering quality services for an ideal living environment Speed, Quality, Efficiency Earning the support and trust of all stakeholders with speed, quality and efficiency Customer First Constantly anticipating what our customers want and offering quality products and attentive services that exceed expectations Continuous Improvement Keeping up with the market and setting high standards along with lifelong learning for greater adaptability and constant exploration of new ideas Teamwork Nurturing a pool of talented and high-calibre employees capable of achieving objectives by harnessing the power of teamwork, collective experience and professional knowledge Our Business About Sun Hung Kai Properties Limited SHKP has been a publicly listed company in Hong Kong since 1972 and is currently one of the largest property developers in the territory to offer premium quality residential properties, offices, shopping malls and industrial buildings. Our core business, property development for sale and investment, adopts a vertically integrated model from land acquisition, project planning, project management, material sourcing and construction, through to sales and marketing and property management. We maintain a portfolio of hotels and construction as well as insurance and mortgage services that create synergies with our core business. We also invest in telecommunications, information technology, infrastructure and other businesses to diversify our business risks, thus contributing to the Group’s long-term recurrent income streams. More details of our business can be found on our website . Economic Value Distribution in 2020/21 • Employee value compensation and benefits: HK$8,264 million • Total contributions to MPF and other retirement schemes: HK$362 million • Payments to providers of capital: HK$14,344 million • Payments to the HKSAR Government (including tax): HK$9,230 million • Operating costs: HK$48,017 million See the Review of Operations section of our Annual Report 2020/21 for the performance results of our property and other businesses. Core Values Committed to Building Homes with Heart, SHKP creates sustainable value for its stakeholders through developing premium properties, delivering first-class services and catering for the diverse needs of its customers. The following core values are the cornerstones of SHKP’s sustainable development. We build a better home for everyone, in keeping with our philosophy and ideals. Our Business Sun Hung Kai Properties Limited • Sustainability Report 2020/21 3
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