Century Synthetic Fiber Corp 2024 AR2
The report outlines Century Synthetic Fiber Corporation's performance and sustainability initiatives for the fiscal year 2024. Despite a challenging macroeconomic environment and a 15.1% decline in revenue, the company maintained a stable gross profit margin of 13.5% and continued its transition toward eco-friendly products, with recycled yarn contributing 44.5% to total revenue. Key highlights include the completion of the Unitex factory, which is expected to commence commercial operations in Q2 2025, and the implementation of a Smart Factory system utilizing AI to optimize production. The company also conducted a greenhouse gas inventory and energy audit to support its long-term climate goals.
Company: Century Synthetic Fiber Corp
Sector: Consumer Discretionary
Country: Vietnam
Year: 2024
Type: AR2
Pages: 221
Century Synthetic Fiber Corp
Annual Report
The report outlines Century Synthetic Fiber Corporation's performance and sustainability initiatives for the fiscal year 2024. Despite a challenging macroeconomic environment and a 15.1% decline in revenue, the company maintained a stable gross profit margin of 13.5% and continued its transition toward eco-friendly products, with recycled yarn contributing 44.5% to total revenue. Key highlights include the completion of the Unitex factory, which is expected to commence commercial operations in Q2 2025, and the implementation of a Smart Factory system utilizing AI to optimize production. The company also conducted a greenhouse gas inventory and energy audit to support its long-term climate goals.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Renewable Energy
Water Consumption
Workplace Fatalities
Net Zero Target
Employees