Transtech Optelecom Science Holdings Ltd 2019 AR2

The report outlines the sustainability and financial performance of Transtech Optecom Science Holdings Limited for the fiscal year 2019. During the year, the company successfully implemented a Helium Reuse Scheme in Hong Kong, recycling approximately 7,500,000 liters of helium during optical fibre production to reduce its carbon footprint. Additionally, the company reduced its average consumption of wood and wooden planks by 22% and maintained zero work-related fatalities. Despite facing market challenges that led to a decrease in revenue to HK$370.8 million, the company continued construction on its new manufacturing facility in Thailand to enhance future production capacity.

Company: Transtech Optelecom Science Holdings Ltd

Sector: Information Information Technology

Country: Hong Kong

Year: 2019

Type: AR2

Pages: 135

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Transtech Optelecom Science Holdings Ltd

Transtech Optelecom Science Holdings Ltd 2019 Annual Report

Annual Report

The report outlines the sustainability and financial performance of Transtech Optecom Science Holdings Limited for the fiscal year 2019. During the year, the company successfully implemented a Helium Reuse Scheme in Hong Kong, recycling approximately 7,500,000 liters of helium during optical fibre production to reduce its carbon footprint. Additionally, the company reduced its average consumption of wood and wooden planks by 22% and maintained zero work-related fatalities. Despite facing market challenges that led to a decrease in revenue to HK$370.8 million, the company continued construction on its new manufacturing facility in Thailand to enhance future production capacity.

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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

Water Consumption

Workplace Fatalities

Employees