Tien Wah Press Holdings Bhd 2017 AR2
The report highlights Tien Wah Press Holdings Berhad's performance and sustainability initiatives for the fiscal year 2017. During the year, the company expanded its operations into Indonesia through the acquisition of PT Bintang Pesona Jagat, which increased revenue by 27.0% to RM417.3 million. However, the group recorded a net loss of RM33.2 million due to restructuring costs from the cessation of printing operations in Australia and Malaysia. On the sustainability front, the company established a Sustainability Working Group, increased its consumption of PEFC-certified papers to 38%, and reduced hazardous waste generation by 23%.
Company: Tien Wah Press Holdings Bhd
Sector: Industrials
Country: Malaysia
Year: 2017
Type: AR2
Pages: 165
Tien Wah Press Holdings Bhd
Annual Report
The report highlights Tien Wah Press Holdings Berhad's performance and sustainability initiatives for the fiscal year 2017. During the year, the company expanded its operations into Indonesia through the acquisition of PT Bintang Pesona Jagat, which increased revenue by 27.0% to RM417.3 million. However, the group recorded a net loss of RM33.2 million due to restructuring costs from the cessation of printing operations in Australia and Malaysia. On the sustainability front, the company established a Sustainability Working Group, increased its consumption of PEFC-certified papers to 38%, and reduced hazardous waste generation by 23%.
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Document Details
Report Year
2017
Reporting Period
Jan 1, 2017 - Dec 31, 2017
Fiscal Year
2017
Published
Apr 25, 2018
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Energy Consumption
Employees