Grand Banks Yachts Ltd 2025 AR2
The report highlights Grand Banks Yachts Limited's performance for the fiscal year ended June 30, 2025, marking its tenth consecutive year of profitability with a record-high revenue of S$162.3 million. Key achievements include the official opening of a state-of-the-art Composite Manufacturing Facility in Johor, Malaysia, and the strategic acquisition of a marina in Newport, Rhode Island. On the sustainability front, the company commissioned a 1,213 kWp rooftop solar PV system at its Malaysian facility, meeting over 18% of its electricity needs in FY2025 and targeting 40% upon full completion. Additionally, the company reduced its carbon emissions intensity by 41.4% from the FY2015 baseline and introduced advanced electrical designs, including lithium batteries and solar panels, as standard across its yachts.
Company: Grand Banks Yachts Ltd
Sector: Manufacturing
Country: Singapore
Year: 2025
Type: AR2
Pages: 226
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Grand Banks Yachts Ltd
Annual Report
The report highlights Grand Banks Yachts Limited's performance for the fiscal year ended June 30, 2025, marking its tenth consecutive year of profitability with a record-high revenue of S$162.3 million. Key achievements include the official opening of a state-of-the-art Composite Manufacturing Facility in Johor, Malaysia, and the strategic acquisition of a marina in Newport, Rhode Island. On the sustainability front, the company commissioned a 1,213 kWp rooftop solar PV system at its Malaysian facility, meeting over 18% of its electricity needs in FY2025 and targeting 40% upon full completion. Additionally, the company reduced its carbon emissions intensity by 41.4% from the FY2015 baseline and introduced advanced electrical designs, including lithium batteries and solar panels, as standard across its yachts.
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Document Details
Report Year
2025
Reporting Period
Jul 1, 2024 - Jun 30, 2025
Fiscal Year
2025
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
Emissions
Scope 1:
Scope 2:
Energy Consumption
Water Consumption
Total Waste
Workplace Fatalities
Employees