Vibrant Group Ltd 2018 AR2
The report highlights Vibrant Group Limited's performance and strategic developments for the fiscal year ended April 30, 2018. Despite a challenging year marked by the write-off of its Blackgold subsidiaries due to accounting irregularities and a fire incident, the company's core Freight and Logistics business showed resilience, with revenue increasing by 3.9% to S$158.3 million. The Group recorded a net loss of S$88.7 million primarily due to these write-offs but maintained a stable financial position with total assets of S$957.0 million. Additionally, the company announced plans to publish its inaugural sustainability report by April 2019, focusing on material issues such as economic performance, emissions, effluents and waste, health and safety, employment, customer privacy, and compliance.
Company: Vibrant Group Ltd
Sector: Transport & logistics
Country: Singapore
Year: 2018
Type: AR2
Pages: 152
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Vibrant Group Ltd
Annual Report
The report highlights Vibrant Group Limited's performance and strategic developments for the fiscal year ended April 30, 2018. Despite a challenging year marked by the write-off of its Blackgold subsidiaries due to accounting irregularities and a fire incident, the company's core Freight and Logistics business showed resilience, with revenue increasing by 3.9% to S$158.3 million. The Group recorded a net loss of S$88.7 million primarily due to these write-offs but maintained a stable financial position with total assets of S$957.0 million. Additionally, the company announced plans to publish its inaugural sustainability report by April 2019, focusing on material issues such as economic performance, emissions, effluents and waste, health and safety, employment, customer privacy, and compliance.
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Document Details
Report Year
2018
Reporting Period
May 1, 2017 - Apr 30, 2018
Fiscal Year
2018
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
No data available