Furniweb Holdings Ltd 2020 AR2
The report highlights Furniweb Holdings Limited's performance and sustainability initiatives for the fiscal year 2020. During the year, the company's operations were severely impacted by the COVID-19 pandemic, resulting in a 21.1% decrease in revenue to RM99.3 million and a net loss of RM32.2 million. To adapt to the challenging environment, the company disposed of an underperforming subsidiary in Vietnam and completed the acquisition of West Bull Securities Limited. On the sustainability front, the company continued to implement its environmental management system, achieving a significant reduction in greenhouse gas emissions and water consumption. The company also prioritized employee health and safety by establishing strict standard operating procedures to curb the spread of COVID-19.
Company: Furniweb Holdings Ltd
Sector: Manufacturing
Country: Malaysia
Year: 2020
Type: AR2
Pages: 140
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Furniweb Holdings Ltd
Annual Report
The report highlights Furniweb Holdings Limited's performance and sustainability initiatives for the fiscal year 2020. During the year, the company's operations were severely impacted by the COVID-19 pandemic, resulting in a 21.1% decrease in revenue to RM99.3 million and a net loss of RM32.2 million. To adapt to the challenging environment, the company disposed of an underperforming subsidiary in Vietnam and completed the acquisition of West Bull Securities Limited. On the sustainability front, the company continued to implement its environmental management system, achieving a significant reduction in greenhouse gas emissions and water consumption. The company also prioritized employee health and safety by establishing strict standard operating procedures to curb the spread of COVID-19.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
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