Mewah International Inc 2023 AR2
The report highlights Mewah International Inc.'s performance and sustainability initiatives for the fiscal year 2023. Despite macroeconomic challenges and a decline in net profit to US$40.6 million, the company achieved a record cash flow from operations of US$314.8 million and a 1.0% increase in sales volume to 4.3 million metric tonnes. Mewah continued to expand its footprint in Indonesia by acquiring its third milling plant in Riau and progressing with its greenfield refinery. On the sustainability front, the company was honored with the Best ASEAN Human Development Award and continued its commitment to decarbonization, tracing 100% of its crude palm oil to mills, and aligning with the UN Sustainable Development Goals.
Company: Mewah International Inc
Sector: Manufacturing
Country: Singapore
Year: 2023
Type: AR2
Pages: 180
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Mewah International Inc
Annual Report
The report highlights Mewah International Inc.'s performance and sustainability initiatives for the fiscal year 2023. Despite macroeconomic challenges and a decline in net profit to US$40.6 million, the company achieved a record cash flow from operations of US$314.8 million and a 1.0% increase in sales volume to 4.3 million metric tonnes. Mewah continued to expand its footprint in Indonesia by acquiring its third milling plant in Riau and progressing with its greenfield refinery. On the sustainability front, the company was honored with the Best ASEAN Human Development Award and continued its commitment to decarbonization, tracing 100% of its crude palm oil to mills, and aligning with the UN Sustainable Development Goals.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
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
Women on Board
Workplace Fatalities