Transtech Optelecom Science Holdings Ltd 2023 AR2
The report highlights Transtech Optecom Science Holdings Limited's performance for the fiscal year 2023, during which the company faced significant business challenges due to a 25.2% decrease in total revenue to HK$174.2 million and a decline in gross profit margin to 10.0%. The company's subsidiary in Thailand continued construction of a new factory building for business expansion, with production expected to commence in January 2025. Environmental initiatives included maintaining ISO 14001:2015 certification and achieving high recycling rates for paper, plastics, and scrapped optical fibres. On the social front, the company maintained a workforce of 174 employees with zero work-related fatalities or injuries recorded during the year.
Company: Transtech Optelecom Science Holdings Ltd
Sector: Information Information Technology
Country: Hong Kong
Year: 2023
Type: AR2
Pages: 151
Transtech Optelecom Science Holdings Ltd
Annual Report
The report highlights Transtech Optecom Science Holdings Limited's performance for the fiscal year 2023, during which the company faced significant business challenges due to a 25.2% decrease in total revenue to HK$174.2 million and a decline in gross profit margin to 10.0%. The company's subsidiary in Thailand continued construction of a new factory building for business expansion, with production expected to commence in January 2025. Environmental initiatives included maintaining ISO 14001:2015 certification and achieving high recycling rates for paper, plastics, and scrapped optical fibres. On the social front, the company maintained a workforce of 174 employees with zero work-related fatalities or injuries recorded during the year.
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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
Workplace Fatalities
Employees