SVI PCL 2016 AR2
The report details SVI Public Company Limited's transition to a global company in 2016 through its acquisition of the Seidel Group in Europe, expanding its manufacturing footprint by adding plants in Austria, Hungary, and Slovakia. SVI achieved consolidated revenues of THB 10,948 million, representing a 35% increase from the previous year, driven by its European operations. The company also completed its factory expansion in Thailand and progressed with its new facility in Cambodia. Despite a reduction in consolidated net profit to THB 1,603 million due to higher corporate taxes and insurance settlements, SVI maintained a strong balance sheet with record-high shareholders' equity of THB 7,098 million.
Company: SVI PCL
Sector: Manufacturing
Country: Thailand
Year: 2016
Type: AR2
Pages: 161
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SVI PCL
Annual Report
The report details SVI Public Company Limited's transition to a global company in 2016 through its acquisition of the Seidel Group in Europe, expanding its manufacturing footprint by adding plants in Austria, Hungary, and Slovakia. SVI achieved consolidated revenues of THB 10,948 million, representing a 35% increase from the previous year, driven by its European operations. The company also completed its factory expansion in Thailand and progressed with its new facility in Cambodia. Despite a reduction in consolidated net profit to THB 1,603 million due to higher corporate taxes and insurance settlements, SVI maintained a strong balance sheet with record-high shareholders' equity of THB 7,098 million.
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Document Details
Report Year
2016
Reporting Period
Jan 1, 2016 - Dec 31, 2016
Fiscal Year
2016
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees