Ubis (Asia) PCL 2023 IR
The report outlines the business operations, corporate governance, and sustainability initiatives of UBIS (Asia) Public Co., Ltd. for the fiscal year 2023. Facing a 24% reduction in domestic metal packaging production and regional shipping disruptions in the Red Sea, the company experienced a net loss of 74 million THB, which included a 39 million THB compensation payment for damaged goods. To mitigate these challenges, UBIS focused on customer retention, cost management, and a three-pronged growth strategy targeting new products and expansion into Latin America and Turkey. On the sustainability front, the company promoted environmental responsibility by installing solar rooftops to reduce carbon emissions and participating in mangrove reforestation projects.
Company: Ubis (Asia) PCL
Sector: Materials
Country: Thailand
Year: 2023
Type: IR
Pages: 195
Ubis (Asia) PCL
One Report
The report outlines the business operations, corporate governance, and sustainability initiatives of UBIS (Asia) Public Co., Ltd. for the fiscal year 2023. Facing a 24% reduction in domestic metal packaging production and regional shipping disruptions in the Red Sea, the company experienced a net loss of 74 million THB, which included a 39 million THB compensation payment for damaged goods. To mitigate these challenges, UBIS focused on customer retention, cost management, and a three-pronged growth strategy targeting new products and expansion into Latin America and Turkey. On the sustainability front, the company promoted environmental responsibility by installing solar rooftops to reduce carbon emissions and participating in mangrove reforestation projects.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees