Tan Chong Motor Holdings Bhd 2020 AR2
The report highlights Tan Chong Motor Holdings Berhad's performance and sustainability initiatives during the challenging fiscal year 2020, marked by the Covid-19 pandemic. The company launched the all-new Nissan Almera Turbo in Malaysia and expanded its MG brand presence in Vietnam. Financially, the Group recorded a revenue of RM2.96 billion and implemented rigorous cost containment measures, reducing its net debt from RM1.2 billion to RM847 million. On the sustainability front, the company achieved a 16.41% reduction in its Lost Time Injury Rate and was awarded the Special Kincentric COVID Resilience Award Malaysia for its pandemic response.
Company: Tan Chong Motor Holdings Bhd
Sector: Consumer Discretionary
Country: Malaysia
Year: 2020
Type: AR2
Pages: 224
Tan Chong Motor Holdings Bhd
Annual Report
The report highlights Tan Chong Motor Holdings Berhad's performance and sustainability initiatives during the challenging fiscal year 2020, marked by the Covid-19 pandemic. The company launched the all-new Nissan Almera Turbo in Malaysia and expanded its MG brand presence in Vietnam. Financially, the Group recorded a revenue of RM2.96 billion and implemented rigorous cost containment measures, reducing its net debt from RM1.2 billion to RM847 million. On the sustainability front, the company achieved a 16.41% reduction in its Lost Time Injury Rate and was awarded the Special Kincentric COVID Resilience Award Malaysia for its pandemic response.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Published
Jun 3, 2021
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