Singer Bangladesh Ltd 2023 AR2
The report outlines Singer Bangladesh Limited's financial and non-financial performance for the fiscal year 2023, highlighting its transition into an integrated next-generation consumer durables company. A key milestone is the upcoming operationalisation of its new state-of-the-art manufacturing facility in the Bangladesh Special Economic Zone, which is certified to the LEED Gold standard and designed to produce 90% of its products locally. Financially, the company demonstrated resilience with stable revenue of BDT 17,033 million and a significant net profit increase to BDT 522 million. On the social front, the flagship Singer Sewing Academy continued to empower women, having trained over 115,000 underprivileged individuals to date.
Company: Singer Bangladesh Ltd
Sector: Manufacturing
Country: Bangladesh
Year: 2023
Type: AR2
Pages: 204
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Singer Bangladesh Ltd
Annual Report
The report outlines Singer Bangladesh Limited's financial and non-financial performance for the fiscal year 2023, highlighting its transition into an integrated next-generation consumer durables company. A key milestone is the upcoming operationalisation of its new state-of-the-art manufacturing facility in the Bangladesh Special Economic Zone, which is certified to the LEED Gold standard and designed to produce 90% of its products locally. Financially, the company demonstrated resilience with stable revenue of BDT 17,033 million and a significant net profit increase to BDT 522 million. On the social front, the flagship Singer Sewing Academy continued to empower women, having trained over 115,000 underprivileged individuals to date.
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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
Net Zero Target
Employees