SWS Capital Berhad 2020 AR2
The report outlines SWS Capital Berhad's financial and operational performance for the fiscal year ended December 31, 2020. During the year, the company navigated challenges from the COVID-19 pandemic and associated Movement Control Orders, which temporarily shut down its furniture and plastic wares divisions. Despite these disruptions, the plastic wares division improved its gross profit margin to 21.0% through raw material cost reductions and premium product sales. The company also entered into an agreement with Milliken and Lotte Chemical Titan to manufacture more sustainable plastic products using energy-saving materials, earning the UL-certified Green Label accreditation.
Company: SWS Capital Berhad
Sector: Manufacturing
Country: Malaysia
Year: 2020
Type: AR2
Pages: 181
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SWS Capital Berhad
Annual Report
The report outlines SWS Capital Berhad's financial and operational performance for the fiscal year ended December 31, 2020. During the year, the company navigated challenges from the COVID-19 pandemic and associated Movement Control Orders, which temporarily shut down its furniture and plastic wares divisions. Despite these disruptions, the plastic wares division improved its gross profit margin to 21.0% through raw material cost reductions and premium product sales. The company also entered into an agreement with Milliken and Lotte Chemical Titan to manufacture more sustainable plastic products using energy-saving materials, earning the UL-certified Green Label accreditation.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
No data available