World Precision Machinery Ltd 2019 AR2
The report highlights World Precision Machinery Limited's performance and sustainability efforts for the fiscal year 2019. Despite a challenging economic environment and a 5.8% decrease in revenue to RMB 837.2 million, the company achieved a 18.7% increase in gross profit to RMB 156.8 million and a 227.8% increase in net profit to RMB 20.1 million. The Group successfully maintained its record of zero serious work-related injuries or fatalities for the third consecutive year. Additionally, the company reduced its energy, water, and gas consumption through eco-friendly initiatives such as installing LED light bulbs and water-saving taps.
Company: World Precision Machinery Ltd
Sector: Industrials
Country: China
Year: 2019
Type: AR2
Pages: 143
World Precision Machinery Ltd
Annual Report
The report highlights World Precision Machinery Limited's performance and sustainability efforts for the fiscal year 2019. Despite a challenging economic environment and a 5.8% decrease in revenue to RMB 837.2 million, the company achieved a 18.7% increase in gross profit to RMB 156.8 million and a 227.8% increase in net profit to RMB 20.1 million. The Group successfully maintained its record of zero serious work-related injuries or fatalities for the third consecutive year. Additionally, the company reduced its energy, water, and gas consumption through eco-friendly initiatives such as installing LED light bulbs and water-saving taps.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
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
Water Consumption
Women on Board
Workplace Fatalities
Employees