Tan Chong Motor Holdings Bhd 2021 AR2

The report outlines Tan Chong Motor Holdings Berhad's performance and sustainability initiatives for the fiscal year 2021. Despite a 14% decline in revenue to RM2,537.3 million due to prolonged pandemic lockdowns, the company's profit before tax improved significantly to RM19.1 million. Key highlights include the launch of the face-lifted Nissan Navara MC in Malaysia and the MG ZS MCE in Vietnam. On the sustainability front, the company was shortlisted to develop a 20MW floating solar farm in Serendah and achieved a 24.8% reduction in energy consumption in its Malaysian manufacturing plants.

Company: Tan Chong Motor Holdings Bhd

Sector: Consumer Discretionary

Country: Malaysia

Year: 2021

Type: AR2

Pages: 250

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Tan Chong Motor Holdings Bhd

Tan Chong Motor Holdings Bhd 2021 Annual Report

Annual Report

The report outlines Tan Chong Motor Holdings Berhad's performance and sustainability initiatives for the fiscal year 2021. Despite a 14% decline in revenue to RM2,537.3 million due to prolonged pandemic lockdowns, the company's profit before tax improved significantly to RM19.1 million. Key highlights include the launch of the face-lifted Nissan Navara MC in Malaysia and the MG ZS MCE in Vietnam. On the sustainability front, the company was shortlisted to develop a 20MW floating solar farm in Serendah and achieved a 24.8% reduction in energy consumption in its Malaysian manufacturing plants.

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Document Details

Report Year

2021

Reporting Period

Jan 1, 2021 - Dec 31, 2021

Fiscal Year

2021

Published

Jun 1, 2022

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Materiality Assessment

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Water Consumption

Women in Management

Workplace Fatalities

Employees