Spritzer Bhd. 2017 AR2
The report outlines Spritzer Bhd's financial and sustainability performance for the fiscal year ended December 31, 2017. Despite softer consumer sentiment leading to a slight revenue decrease to RM313.8 million, the company achieved a 12.6% increase in profit before tax to RM35.3 million, driven by better operational efficiency and automation. Key sustainability initiatives included launching a Sustainability Project to formalize ESG governance, tree planting efforts with over 16,000 trees planted to date, and community investments such as sponsoring the Kuala Lumpur 2017 SEA Games. Additionally, the company announced plans to invest RM45 million in a new automated warehouse in Taiping to support future growth.
Company: Spritzer Bhd.
Sector: Manufacturing
Country: Malaysia
Year: 2017
Type: AR2
Pages: 152
Spritzer Bhd.
The report outlines Spritzer Bhd's financial and sustainability performance for the fiscal year ended December 31, 2017. Despite softer consumer sentiment leading to a slight revenue decrease to RM313.8 million, the company achieved a 12.6% increase in profit before tax to RM35.3 million, driven by better operational efficiency and automation. Key sustainability initiatives included launching a Sustainability Project to formalize ESG governance, tree planting efforts with over 16,000 trees planted to date, and community investments such as sponsoring the Kuala Lumpur 2017 SEA Games. Additionally, the company announced plans to invest RM45 million in a new automated warehouse in Taiping to support future growth.
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Document Details
Report Year
2017
Reporting Period
Jan 1, 2017 - Dec 31, 2017
Fiscal Year
2017
Published
May 30, 2018
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
No data available