EP Manufacturing Bhd 2022 AR2

The report highlights EP Manufacturing Bhd's return to profitability in 2022, posting a net profit of RM0.4 million and a 49.6% increase in Group sales to RM516.3 million. The company expanded into the electric vehicle (EV) business, launching the Blueshark R1 electric bike in Malaysia and securing a contract to supply car seats to Proton. On the sustainability front, EPMB continued to operate its 2MW photovoltaic facility in Batang Kali, which generated 1,205 MWh of solar energy in 2022 and helps reduce CO2 emissions by approximately 40,000 tons per year. The Group also focused on enhancing operational efficiency, waste reduction, and occupational health and safety.

Company: EP Manufacturing Bhd

Sector: Consumer Discretionary

Country: Malaysia

Year: 2022

Type: AR2

Pages: 165

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EP Manufacturing Bhd

EP Manufacturing Bhd 2022 Annual Report

Annual Report

The report highlights EP Manufacturing Bhd's return to profitability in 2022, posting a net profit of RM0.4 million and a 49.6% increase in Group sales to RM516.3 million. The company expanded into the electric vehicle (EV) business, launching the Blueshark R1 electric bike in Malaysia and securing a contract to supply car seats to Proton. On the sustainability front, EPMB continued to operate its 2MW photovoltaic facility in Batang Kali, which generated 1,205 MWh of solar energy in 2022 and helps reduce CO2 emissions by approximately 40,000 tons per year. The Group also focused on enhancing operational efficiency, waste reduction, and occupational health and safety.

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Document Details

Report Year

2022

Reporting Period

Jan 1, 2022 - Dec 31, 2022

Fiscal Year

2022

Published

May 30, 2023

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Materiality Assessment

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

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