Watta Holding Bhd 2023 AR2
The report outlines Watta Holding Berhad's financial and sustainability performance for the fiscal year 2023. The company experienced a 22.8% decline in revenue to RM8.61 million, primarily due to a global downturn in smartphone sales affecting its telecommunication product servicing segment. To mitigate these challenges, the company downsized its staff and reduced its handphone repair network. On the sustainability front, the company aligned its operations with four UN Sustainable Development Goals and maintained zero workplace fatalities and corruption incidents. Looking ahead, the company remains cautiously optimistic about a resurgence in smartphone demand in 2024.
Company: Watta Holding Bhd
Sector: Communication Services
Country: Malaysia
Year: 2023
Type: AR2
Pages: 112
Watta Holding Bhd
Annual Report
The report outlines Watta Holding Berhad's financial and sustainability performance for the fiscal year 2023. The company experienced a 22.8% decline in revenue to RM8.61 million, primarily due to a global downturn in smartphone sales affecting its telecommunication product servicing segment. To mitigate these challenges, the company downsized its staff and reduced its handphone repair network. On the sustainability front, the company aligned its operations with four UN Sustainable Development Goals and maintained zero workplace fatalities and corruption incidents. Looking ahead, the company remains cautiously optimistic about a resurgence in smartphone demand in 2024.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Published
Apr 29, 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
Energy Consumption
Water Consumption
Women in Management
Workplace Fatalities
Employees