Lee Swee Kiat Group Bhd 2020 AR2
The report highlights Lee Swee Kiat Group Berhad's performance and sustainability initiatives for the fiscal year 2020. Despite the challenges of the COVID-19 pandemic, the company achieved a turnover of RM96.61 million and maintained a strong net cash position of RM16.99 million. Key achievements include becoming the first Malaysian company certified under the Global Organic Latex System (GOLS) to produce organic latex, with organic latex representing 40% of its production in 2020. The company also entered a strategic collaboration with Cuckoo International to launch the Cuckoo Napure mattress rental model. Additionally, the company continued its focus on green technology, utilizing an energy-efficient co-generator to minimize its carbon footprint.
Company: Lee Swee Kiat Group Bhd
Sector: Manufacturing
Country: Malaysia
Year: 2020
Type: AR2
Pages: 132
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Lee Swee Kiat Group Bhd
Annual Report
The report highlights Lee Swee Kiat Group Berhad's performance and sustainability initiatives for the fiscal year 2020. Despite the challenges of the COVID-19 pandemic, the company achieved a turnover of RM96.61 million and maintained a strong net cash position of RM16.99 million. Key achievements include becoming the first Malaysian company certified under the Global Organic Latex System (GOLS) to produce organic latex, with organic latex representing 40% of its production in 2020. The company also entered a strategic collaboration with Cuckoo International to launch the Cuckoo Napure mattress rental model. Additionally, the company continued its focus on green technology, utilizing an energy-efficient co-generator to minimize its carbon footprint.
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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
Women in Management
Employees