Tiong Seng Holdings Ltd 2023 AR2
The report highlights Tiong Seng Holdings Limited's performance and sustainability initiatives for the fiscal year 2023. Despite a volatile macro environment, the company narrowed its net loss to S$13.6 million, driven by a recovery in the Singapore construction sector. Tiong Seng continued to advance its Design for Manufacturing and Assembly (DfMA) capabilities and green building technologies, such as Mass-Engineered Timber (MET) and PPVC. The company achieved its target of zero workplace fatalities and successfully met its electricity intensity target for construction projects. Additionally, Tiong Seng maintained its commitment to high corporate governance standards and ethical conduct, reporting zero confirmed incidents of corruption.
Company: Tiong Seng Holdings Ltd
Sector: Industrials
Country: Singapore
Year: 2023
Type: AR2
Pages: 212
Tiong Seng Holdings Ltd
Annual Report
The report highlights Tiong Seng Holdings Limited's performance and sustainability initiatives for the fiscal year 2023. Despite a volatile macro environment, the company narrowed its net loss to S$13.6 million, driven by a recovery in the Singapore construction sector. Tiong Seng continued to advance its Design for Manufacturing and Assembly (DfMA) capabilities and green building technologies, such as Mass-Engineered Timber (MET) and PPVC. The company achieved its target of zero workplace fatalities and successfully met its electricity intensity target for construction projects. Additionally, Tiong Seng maintained its commitment to high corporate governance standards and ethical conduct, reporting zero confirmed incidents of corruption.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Water Consumption
Women on Board
Workplace Fatalities
Employees