Tong Herr Resources Bhd 2019 AR2
The report highlights Tong Herr Resources Berhad's performance for the fiscal year 2019, during which the company recorded a revenue of RM 646.73 million and a profit after tax of RM 24.05 million. The company faced a challenging global economic environment and market uncertainties, leading to lower sales volumes and average selling prices in both its fasteners and aluminium segments. Key sustainability initiatives included the installation of a 998.3kW industrial-scale Solar Photovoltaic System at its factory, which is estimated to offset 948.05 tons of carbon dioxide emissions annually. Additionally, the company prioritized employee health and safety, reporting zero serious workplace accidents, and continued its community support through charitable donations.
Company: Tong Herr Resources Bhd
Sector: Industrials
Country: Malaysia
Year: 2019
Type: AR2
Pages: 132
Tong Herr Resources Bhd
Annual Report
The report highlights Tong Herr Resources Berhad's performance for the fiscal year 2019, during which the company recorded a revenue of RM 646.73 million and a profit after tax of RM 24.05 million. The company faced a challenging global economic environment and market uncertainties, leading to lower sales volumes and average selling prices in both its fasteners and aluminium segments. Key sustainability initiatives included the installation of a 998.3kW industrial-scale Solar Photovoltaic System at its factory, which is estimated to offset 948.05 tons of carbon dioxide emissions annually. Additionally, the company prioritized employee health and safety, reporting zero serious workplace accidents, and continued its community support through charitable donations.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Published
Jun 25, 2020
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