Changmao Biochemical Engineering Co Ltd 2024 AR2
The report highlights Changmao Biochemical Engineering Company Limited's financial and operational performance for the fiscal year 2024. The company faced a decrease in sales revenue and gross profit margin due to market oversupply and declining product prices, particularly affecting its Dalian and Lianyungang plants. To mitigate these challenges, the company relocated and integrated production lines to Dalian to form a complete product chain. On the environmental front, the Changzhou plant obtained the Carbon Footprint Certificate and Greenhouse Gas Emission Verification Statement, achieving a 14% reduction in overall energy consumption and receiving the 'Jiangsu Green Factory' certification.
Company: Changmao Biochemical Engineering Co Ltd
Sector: Materials
Country: China
Year: 2024
Type: AR2
Pages: 143
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Changmao Biochemical Engineering Co Ltd
Annual Report
The report highlights Changmao Biochemical Engineering Company Limited's financial and operational performance for the fiscal year 2024. The company faced a decrease in sales revenue and gross profit margin due to market oversupply and declining product prices, particularly affecting its Dalian and Lianyungang plants. To mitigate these challenges, the company relocated and integrated production lines to Dalian to form a complete product chain. On the environmental front, the Changzhou plant obtained the Carbon Footprint Certificate and Greenhouse Gas Emission Verification Statement, achieving a 14% reduction in overall energy consumption and receiving the 'Jiangsu Green Factory' certification.
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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
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Water Consumption
Workplace Fatalities
Employees