EG Industries Bhd 2023 AR2
The report highlights EG Industries Berhad's record-high financial performance in FY2023, with net profit tripling to RM39.0 million and revenue increasing by 21% to RM1.3 billion. Key operational milestones included breaking ground on the Smart Factory 4.0 in Batu Kawan, Penang, which will feature Lights-Out technology, and signing a Letter of Intent for Southeast Asia's first technology transfer in 5G photonics. On the sustainability front, the company established an ESG Committee, expanded its greenhouse gas monitoring to its Thailand operations, and achieved a high score of 184.6 in the Responsible Business Alliance Validated Assessment Program for its associate company.
Company: EG Industries Bhd
Sector: Information Technology
Country: Malaysia
Year: 2023
Type: AR2
Pages: 177
EG Industries Bhd
The report highlights EG Industries Berhad's record-high financial performance in FY2023, with net profit tripling to RM39.0 million and revenue increasing by 21% to RM1.3 billion. Key operational milestones included breaking ground on the Smart Factory 4.0 in Batu Kawan, Penang, which will feature Lights-Out technology, and signing a Letter of Intent for Southeast Asia's first technology transfer in 5G photonics. On the sustainability front, the company established an ESG Committee, expanded its greenhouse gas monitoring to its Thailand operations, and achieved a high score of 184.6 in the Responsible Business Alliance Validated Assessment Program for its associate company.
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Document Details
Report Year
2023
Reporting Period
Jul 1, 2022 - Jun 30, 2023
Fiscal Year
2023
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
Energy Consumption
Water Consumption
Total Waste
Workplace Fatalities
Employees