Rakon Ltd. 2022 AR2
The report highlights Rakon's record operational and financial performance for the fiscal year ended March 31, 2022, driven by strong demand in 5G networks and industrial positioning. During the year, the company began reporting against an audited ESG framework, identifying its key material issues across environmental, social, and governance topics. Rakon achieved a 34% increase in revenue to $172.0 million and a 244% increase in Net Profit After Tax to $33.1 million. The company also progressed its global manufacturing strategy, including the construction of a new facility in Bengaluru, India, and advanced its XMEMS nanotechnology.
Company: Rakon Ltd.
Sector: Manufacturing
Country: New Zealand
Year: 2022
Type: AR2
Pages: 102
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Rakon Ltd.
Annual Report
The report highlights Rakon's record operational and financial performance for the fiscal year ended March 31, 2022, driven by strong demand in 5G networks and industrial positioning. During the year, the company began reporting against an audited ESG framework, identifying its key material issues across environmental, social, and governance topics. Rakon achieved a 34% increase in revenue to $172.0 million and a 244% increase in Net Profit After Tax to $33.1 million. The company also progressed its global manufacturing strategy, including the construction of a new facility in Bengaluru, India, and advanced its XMEMS nanotechnology.
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Document Details
Report Year
2022
Reporting Period
Apr 1, 2021 - Mar 31, 2022
Fiscal Year
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
Women on Board
Women in Management
Employees