YB Ventures Bhd 2023 AR2
The report outlines YB Ventures Berhad's financial and operational performance for the fiscal year ended June 30, 2023, alongside its sustainability initiatives. The company faced macroeconomic challenges, including rising utility costs and intense competition in the tile industry, resulting in a loss after tax of RM19.3 million. To improve efficiency, YB Ventures focused on its flagship product, Talos Living Tiles, and upgraded its manufacturing facilities in Kulai, Johor, to enhance productivity and reduce environmental impact. In terms of sustainability, the company maintained compliance with environmental laws, monitored energy and waste management, and supported workforce diversity and safety.
Company: YB Ventures Bhd
Sector: Industrials
Country: Malaysia
Year: 2023
Type: AR2
Pages: 190
YB Ventures Bhd
Annual Report
The report outlines YB Ventures Berhad's financial and operational performance for the fiscal year ended June 30, 2023, alongside its sustainability initiatives. The company faced macroeconomic challenges, including rising utility costs and intense competition in the tile industry, resulting in a loss after tax of RM19.3 million. To improve efficiency, YB Ventures focused on its flagship product, Talos Living Tiles, and upgraded its manufacturing facilities in Kulai, Johor, to enhance productivity and reduce environmental impact. In terms of sustainability, the company maintained compliance with environmental laws, monitored energy and waste management, and supported workforce diversity and safety.
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Document Details
Report Year
2023
Reporting Period
Jul 1, 2022 - Jun 30, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women on Board