Xin Hwa Holdings Bhd 2021 AR2

The report highlights Xin Hwa Holdings Berhad's financial and sustainability performance for the fiscal year ended March 31, 2021. Despite the challenges of the COVID-19 pandemic, the company recorded a revenue of RM97.8 million and a 179.3% increase in profit after tax attributable to owners to RM3.0 million. Key developments included the construction of the E-Fulfilment Centre in Shah Alam, which will expand warehousing capacity by 45.8%, and the proposed disposal and leaseback of Pasir Gudang properties for RM75.0 million. On the sustainability front, the company achieved its target of zero workplace fatalities, invested RM34,300 in employee training, and maintained a local workforce of 83%.

Company: Xin Hwa Holdings Bhd

Sector: Industrials

Country: Malaysia

Year: 2021

Type: AR2

Pages: 164

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Xin Hwa Holdings Bhd

Xin Hwa Holdings Bhd 2021 Annual Report

Annual Report

The report highlights Xin Hwa Holdings Berhad's financial and sustainability performance for the fiscal year ended March 31, 2021. Despite the challenges of the COVID-19 pandemic, the company recorded a revenue of RM97.8 million and a 179.3% increase in profit after tax attributable to owners to RM3.0 million. Key developments included the construction of the E-Fulfilment Centre in Shah Alam, which will expand warehousing capacity by 45.8%, and the proposed disposal and leaseback of Pasir Gudang properties for RM75.0 million. On the sustainability front, the company achieved its target of zero workplace fatalities, invested RM34,300 in employee training, and maintained a local workforce of 83%.

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Document Details

Report Year

2021

Reporting Period

Apr 1, 2020 - Mar 31, 2021

Fiscal Year

2021

Published

Sep 30, 2021

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Materiality Assessment

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

Workplace Fatalities

Employees