1
250
Integrated Annual Report 2023
COVER
1
What's Inside
2-3
About This Report
4-5
QL at A Glance
4-5
Principal Activities
4-5
2023 Key Highlights
6-7
Our Presence
8-9
Chairman’s Statement
10-11
Management Discussion and Analysis
14-15
Group Managing Director’s Review
14-15
Strategy
16-17
Value Creation Business Model
18-19
Business Review
20-21
Group Outlook
28-29
Sustainability Statement
30-31
Overview & FY2023 Sustainability Highlights
30-31
Stakeholder Engagement
34-35
Materiality Assessment
34-35
Environmental Responsibility
38-39
Social Responsibility
44-45
Governance Responsiblity
68-69
Leadership & Governance
78-79
Corporate Information
78-79
Profile of Board of Directors
80-81
Key Senior Management
94-95
Corporate Governance Overview Statement
96-97
Audit Committee Report
104-105
Statement on Risk Management and Internal Control
108-109
Additional Compliance Information
112-113
Statement of Directors’ Responsibility
112-113
Financial Statements
114-115
Directors’ Report
114-115
Statements of Financial Position
120-121
Statements of Profit or Loss and Other Comprehensive Income
122-123
Consolidated Statement of Changes in Equity
124-125
Statement of Changes in Equity
126-127
Statements of Cash Flows
126-127
Notes to the Financial Statements
130-131
Statement by Directors
224-225
Statutory Declaration
226-227
Independent Auditors’ Report
226-227
Appendices
230-231
List of Properties
230-231
Shareholders’ Analysis Report
232-233
Disclosure on Recurrent Related Party Transactions
236-237
Notice of Annual General Meeting
240-241
Form of Proxy
246-247
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