Cabnet Holdings Bhd 2019 AR2
The report highlights Cabinet Holdings Berhad's financial and operational performance for the fiscal year 2019. The company recorded a revenue increase of 45.98% to RM68.88 million, driven by major projects and higher ICT equipment supply, although profit before tax decreased due to competitive market pressures and higher labor costs. Key achievements included securing major Extra Low Voltage (ELV) systems contracts and relocating to a new corporate office in Johor Bahru to support future expansion. Additionally, the company advanced its sustainability initiatives across economic, environmental, and social dimensions, including quality assurance under ISO 9001:2015 and local community support.
Company: Cabnet Holdings Bhd
Sector: Construction
Country: Malaysia
Year: 2019
Type: AR2
Pages: 126
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Cabnet Holdings Bhd
Annual Report
The report highlights Cabinet Holdings Berhad's financial and operational performance for the fiscal year 2019. The company recorded a revenue increase of 45.98% to RM68.88 million, driven by major projects and higher ICT equipment supply, although profit before tax decreased due to competitive market pressures and higher labor costs. Key achievements included securing major Extra Low Voltage (ELV) systems contracts and relocating to a new corporate office in Johor Bahru to support future expansion. Additionally, the company advanced its sustainability initiatives across economic, environmental, and social dimensions, including quality assurance under ISO 9001:2015 and local community support.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Published
May 28, 2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
No data available