Bawan Co 2021 AR2
The report highlights Bawan's financial and operational performance for the fiscal year 2021, showcasing a 33.2% increase in revenues to SAR 3.2 billion and an 88.9% increase in net profit to SAR 170.3 million. The company successfully navigated pandemic-related challenges and global supply chain disruptions across its metal, wood, electric, plastic, and concrete sectors. Bawan advanced its digitalization efforts and expanded its product lines, including the launch of ANSI transformers. In sustainability, the company focused on Saudization, reaching approximately 800 Saudi employees, and implemented waste management and energy-efficiency initiatives such as transitioning to LED lighting.
Company: Bawan Co
Sector: Manufacturing
Country: Saudi Arabia
Year: 2021
Type: AR2
Pages: 91
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Bawan Co
Annual Report
The report highlights Bawan's financial and operational performance for the fiscal year 2021, showcasing a 33.2% increase in revenues to SAR 3.2 billion and an 88.9% increase in net profit to SAR 170.3 million. The company successfully navigated pandemic-related challenges and global supply chain disruptions across its metal, wood, electric, plastic, and concrete sectors. Bawan advanced its digitalization efforts and expanded its product lines, including the launch of ANSI transformers. In sustainability, the company focused on Saudization, reaching approximately 800 Saudi employees, and implemented waste management and energy-efficiency initiatives such as transitioning to LED lighting.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees