Tien Wah Press Holdings Bhd 2021 AR2
The report outlines Tien Wah Press Holdings Berhad's financial and sustainability performance for the fiscal year ended December 31, 2021. Despite a 9.1% decrease in revenue to RM252.2 million due to lower demand in cigarette packaging, the company achieved a profit after tax of RM4.9 million, recovering from a loss in the previous year. Key operational highlights include successful sales expansion in the Middle East by over 50% and the transition of TVDP's business to other units. On the sustainability front, the company maintained its PEFC certification, with PEFC-certified paper accounting for 42% of total consumption, and continued to prioritize occupational health and safety.
Company: Tien Wah Press Holdings Bhd
Sector: Manufacturing
Country: Malaysia
Year: 2021
Type: AR2
Pages: 172
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Tien Wah Press Holdings Bhd
Annual Report
The report outlines Tien Wah Press Holdings Berhad's financial and sustainability performance for the fiscal year ended December 31, 2021. Despite a 9.1% decrease in revenue to RM252.2 million due to lower demand in cigarette packaging, the company achieved a profit after tax of RM4.9 million, recovering from a loss in the previous year. Key operational highlights include successful sales expansion in the Middle East by over 50% and the transition of TVDP's business to other units. On the sustainability front, the company maintained its PEFC certification, with PEFC-certified paper accounting for 42% of total consumption, and continued to prioritize occupational health and safety.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Published
Apr 26, 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
Women on Board
Women in Management
Employees