Wang-Zheng Bhd 2024 AR2
The report highlights Wang-Zheng Berhad's financial and sustainability performance for the fiscal year 2024. Despite a challenging economic environment, the company recorded a 9.3% revenue growth to RM308.8 million, driven by its processed paper products segment. Key sustainability milestones include the completion of a solar energy project, which achieved a 30% reduction in electricity costs, and the implementation of a Long-Term Incentive Plan to reward employees. The company also advanced its diversity efforts, maintaining 11% female representation on the board and increasing female employees to 44%.
Company: Wang-Zheng Bhd
Sector: Materials
Country: Malaysia
Year: 2024
Type: AR2
Pages: 230
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Wang-Zheng Bhd
Annual Report
The report highlights Wang-Zheng Berhad's financial and sustainability performance for the fiscal year 2024. Despite a challenging economic environment, the company recorded a 9.3% revenue growth to RM308.8 million, driven by its processed paper products segment. Key sustainability milestones include the completion of a solar energy project, which achieved a 30% reduction in electricity costs, and the implementation of a Long-Term Incentive Plan to reward employees. The company also advanced its diversity efforts, maintaining 11% female representation on the board and increasing female employees to 44%.
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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
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Energy Consumption
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees