Nippecraft Ltd 2024 AR2
The report outlines Nippecraft Limited's financial and sustainability performance for the fiscal year ended December 31, 2024. Despite a 6% decrease in Group revenue to US$105.3 million, gross profit improved by 8% and the Group achieved its fifth consecutive year of profitability with a profit after tax of US$0.5 million. In sustainability, the company achieved 92% of materials sourced from sustainable FSC and PEFC certified sources, exceeding its 80% target. Additionally, Nippecraft successfully reduced its Scope 2 emissions to 17 tCO2e, down from 234 tCO2e in 2023, aided by the installation of solar photovoltaic systems in Singapore.
Company: Nippecraft Ltd
Sector: Manufacturing
Country: Singapore
Year: 2024
Type: AR2
Pages: 168
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Nippecraft Ltd
Annual Report
The report outlines Nippecraft Limited's financial and sustainability performance for the fiscal year ended December 31, 2024. Despite a 6% decrease in Group revenue to US$105.3 million, gross profit improved by 8% and the Group achieved its fifth consecutive year of profitability with a profit after tax of US$0.5 million. In sustainability, the company achieved 92% of materials sourced from sustainable FSC and PEFC certified sources, exceeding its 80% target. Additionally, Nippecraft successfully reduced its Scope 2 emissions to 17 tCO2e, down from 234 tCO2e in 2023, aided by the installation of solar photovoltaic systems in Singapore.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
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 2:
Scope 3:
Women in Management
Workplace Fatalities
Employees