Furniweb Holdings Ltd 2019 AR2
The report highlights Furniweb Holdings Limited's performance for the fiscal year 2019, during which the company expanded its manufacturing base by acquiring Meinaide Holdings Group Limited and launched its retail division with the Philipp Plein brand in Singapore. Despite a 71.1% increase in revenue to RM125.9 million, the Group recorded a net loss of RM50.8 million, primarily due to one-off impairment losses on goodwill and assets. On the sustainability front, the company continued to focus on environmental protection, achieving lower greenhouse gas emissions intensity and reducing paper consumption. The Group also prioritized workplace safety, reporting zero fatalities and work-related injuries during the year.
Company: Furniweb Holdings Ltd
Sector: Manufacturing
Country: Malaysia
Year: 2019
Type: AR2
Pages: 144
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Furniweb Holdings Ltd
Annual Report
The report highlights Furniweb Holdings Limited's performance for the fiscal year 2019, during which the company expanded its manufacturing base by acquiring Meinaide Holdings Group Limited and launched its retail division with the Philipp Plein brand in Singapore. Despite a 71.1% increase in revenue to RM125.9 million, the Group recorded a net loss of RM50.8 million, primarily due to one-off impairment losses on goodwill and assets. On the sustainability front, the company continued to focus on environmental protection, achieving lower greenhouse gas emissions intensity and reducing paper consumption. The Group also prioritized workplace safety, reporting zero fatalities and work-related injuries during the year.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Water Consumption
Workplace Fatalities
Employees