Notion VTec Bhd 2021 AR2
The report outlines Notion VTec Berhad's financial performance and sustainability progress for the fiscal year 2021. During the year, the company diversified into the Personal Protective Equipment (PPE) sector, producing masks and nitrile gloves under its 'Novid' brand. Despite a 45% increase in revenue to RM352.9 million, the company recorded a loss of RM7.8 million due to pandemic-related operational disruptions. On the environmental front, the company improved its energy efficiency by 27% and water efficiency by 17%, and installed a Precious Plastic Machine to recycle plastic waste. Additionally, the company maintained a zero-fatality workplace and achieved a 20% reduction in minor accident cases.
Company: Notion VTec Bhd
Sector: Information Technology
Country: Malaysia
Year: 2021
Type: AR2
Pages: 140
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Notion VTec Bhd
Annual Report
The report outlines Notion VTec Berhad's financial performance and sustainability progress for the fiscal year 2021. During the year, the company diversified into the Personal Protective Equipment (PPE) sector, producing masks and nitrile gloves under its 'Novid' brand. Despite a 45% increase in revenue to RM352.9 million, the company recorded a loss of RM7.8 million due to pandemic-related operational disruptions. On the environmental front, the company improved its energy efficiency by 27% and water efficiency by 17%, and installed a Precious Plastic Machine to recycle plastic waste. Additionally, the company maintained a zero-fatality workplace and achieved a 20% reduction in minor accident cases.
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Document Details
Report Year
2021
Reporting Period
Oct 1, 2020 - Sep 30, 2021
Fiscal Year
2021
Published
Mar 3, 2022
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
Energy Consumption
Water Consumption
Workplace Fatalities
Employees