World Precision Machinery Ltd 2024 AR2

The report highlights World Precision Machinery Limited's sustainability and financial performance for the fiscal year 2024. The company experienced a 5.5% decrease in revenue to RMB 1,018.9 million, but achieved a 16.0% increase in net profit to RMB 7.0 million. On the environmental front, the group reduced its natural gas consumption by 19.27% and purchased 4.38 GWh of solar energy, which accounted for 7.98% of its total electricity consumption. In terms of social responsibility, the company maintained a strong focus on occupational health and safety, recording zero fatalities and a decrease in work-related injuries to 82. Additionally, the group continued to align its business strategy with national initiatives like 'Made in China 2025' while expanding its international footprint.

Company: World Precision Machinery Ltd

Sector: Industrials

Country: China

Year: 2024

Type: AR2

Pages: 156

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World Precision Machinery Ltd

World Precision Machinery Ltd 2024 Annual Report

Annual Report

The report highlights World Precision Machinery Limited's sustainability and financial performance for the fiscal year 2024. The company experienced a 5.5% decrease in revenue to RMB 1,018.9 million, but achieved a 16.0% increase in net profit to RMB 7.0 million. On the environmental front, the group reduced its natural gas consumption by 19.27% and purchased 4.38 GWh of solar energy, which accounted for 7.98% of its total electricity consumption. In terms of social responsibility, the company maintained a strong focus on occupational health and safety, recording zero fatalities and a decrease in work-related injuries to 82. Additionally, the group continued to align its business strategy with national initiatives like 'Made in China 2025' while expanding its international footprint.

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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

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 2:

Energy Consumption

Women on Board

Women in Management

Workplace Fatalities

Employees