Addvalue Technologies Ltd 2024 AR2
The report highlights Addvalue Technologies Ltd's financial turnaround in FY2024, achieving a post-tax profit of US$278,000 and a 69% revenue growth to US$12.8 million, driven by its Space Connectivity and Advanced Digital Radio businesses. In sustainability, the company integrated ESG factors into its operations, focusing on fisheries sustainability through its VMS and environmental monitoring via IoT solutions. Addvalue screened 100% of its new suppliers using environmental and social criteria, with 94% passing the environmental assessment. Additionally, the company improved its workforce training, with average training hours per employee increasing by 90% to 39 hours.
Company: Addvalue Technologies Ltd
Sector: Information Information Technology
Country: Singapore
Year: 2024
Type: AR2
Pages: 175
Addvalue Technologies Ltd
Annual Report
The report highlights Addvalue Technologies Ltd's financial turnaround in FY2024, achieving a post-tax profit of US$278,000 and a 69% revenue growth to US$12.8 million, driven by its Space Connectivity and Advanced Digital Radio businesses. In sustainability, the company integrated ESG factors into its operations, focusing on fisheries sustainability through its VMS and environmental monitoring via IoT solutions. Addvalue screened 100% of its new suppliers using environmental and social criteria, with 94% passing the environmental assessment. Additionally, the company improved its workforce training, with average training hours per employee increasing by 90% to 39 hours.
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Document Details
Report Year
2024
Reporting Period
Apr 1, 2023 - Mar 31, 2024
Fiscal Year
2024
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
Women on Board
Women in Management
Employees