Tek Seng Holdings Bhd 2019 AR2
The report highlights Tek Seng Holdings Berhad's sustainability efforts and financial performance for the fiscal year 2019. The company focused on cost management by leasing out a vacant building of its solar subsidiary, TS Solartech, and adopting lean management in its PVC division. Environmental initiatives included replacing xenon light bulbs with LEDs and minimizing coal usage. On the social front, the company supported various charitable organizations and prioritized employee training and safety, maintaining noise levels below 83.8 dB. Financially, the group recorded a revenue of RM172.60 million, down 6.2% from the previous year, with a loss after tax of RM42.73 million primarily due to impairment losses in its solar segment.
Company: Tek Seng Holdings Bhd
Sector: Materials
Country: Malaysia
Year: 2019
Type: AR2
Pages: 96
Tek Seng Holdings Bhd
Annual Report
The report highlights Tek Seng Holdings Berhad's sustainability efforts and financial performance for the fiscal year 2019. The company focused on cost management by leasing out a vacant building of its solar subsidiary, TS Solartech, and adopting lean management in its PVC division. Environmental initiatives included replacing xenon light bulbs with LEDs and minimizing coal usage. On the social front, the company supported various charitable organizations and prioritized employee training and safety, maintaining noise levels below 83.8 dB. Financially, the group recorded a revenue of RM172.60 million, down 6.2% from the previous year, with a loss after tax of RM42.73 million primarily due to impairment losses in its solar segment.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
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