Transtech Optelecom Science Holdings Ltd 2024 AR2
The report highlights Transtech Optecom Science Holdings Limited's performance for the fiscal year 2024, during which the company faced significant challenges due to weakened market demand, resulting in a 15% decrease in total revenue to HK$148.0 million and a gross loss of HK$0.3 million. To mitigate costs, its subsidiary Transtech temporarily closed its optical fiber production lines for several months but resumed operations by the end of the year. The company is actively planning to launch a new Drop Cable project in early 2025 to target the fiber optic markets in Hong Kong and ASEAN countries. On the sustainability front, the company continued to monitor its environmental footprint, reporting total greenhouse gas emissions of 2,387.39 tonnes of CO2 equivalent and maintaining its ISO certifications.
Company: Transtech Optelecom Science Holdings Ltd
Sector: Information Information Technology
Country: Hong Kong
Year: 2024
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 2024, during which the company faced significant challenges due to weakened market demand, resulting in a 15% decrease in total revenue to HK$148.0 million and a gross loss of HK$0.3 million. To mitigate costs, its subsidiary Transtech temporarily closed its optical fiber production lines for several months but resumed operations by the end of the year. The company is actively planning to launch a new Drop Cable project in early 2025 to target the fiber optic markets in Hong Kong and ASEAN countries. On the sustainability front, the company continued to monitor its environmental footprint, reporting total greenhouse gas emissions of 2,387.39 tonnes of CO2 equivalent and maintaining its ISO certifications.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
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