Versatile Creative Bhd 2018 AR2
The report highlights Versatile Creative Berhad's financial and operational performance for the fiscal year ended March 31, 2018, alongside its inaugural sustainability statement. The company recorded a 16% increase in revenue to RM55.20 million, driven by higher sales in its paper and plastic packaging segments, though it registered a loss before tax of RM5.69 million due to increased outsourcing and administrative costs. On the sustainability front, the company emphasized its commitment to environmental standards, including ISO 14001 certification and FSC-certified green packaging. Social initiatives focused on talent engagement, competitive employee benefits, and maintaining a safe and healthy workplace, while economic sustainability was supported by strong corporate governance practices.
Company: Versatile Creative Bhd
Sector: Manufacturing
Country: Malaysia
Year: 2018
Type: AR2
Pages: 148
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Versatile Creative Bhd
Annual Report
The report highlights Versatile Creative Berhad's financial and operational performance for the fiscal year ended March 31, 2018, alongside its inaugural sustainability statement. The company recorded a 16% increase in revenue to RM55.20 million, driven by higher sales in its paper and plastic packaging segments, though it registered a loss before tax of RM5.69 million due to increased outsourcing and administrative costs. On the sustainability front, the company emphasized its commitment to environmental standards, including ISO 14001 certification and FSC-certified green packaging. Social initiatives focused on talent engagement, competitive employee benefits, and maintaining a safe and healthy workplace, while economic sustainability was supported by strong corporate governance practices.
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Document Details
Report Year
2018
Reporting Period
Apr 1, 2017 - Mar 31, 2018
Fiscal Year
2018
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
No data available