YBS International Bhd 2024 AR2
The report outlines YBS International Berhad's financial and operational performance for the fiscal year ended March 31, 2024. Despite a 10.9% increase in revenue to RM98.55 million, the company recorded a loss before tax of RM7.97 million, primarily due to softer demand in precision engineering and rising operating costs. Strategically, the company diversified into the energy sector by initiating lithium-ion battery assembly processes and product lines, with operations expected to commence in FY2025. On sustainability, the company maintained its ISO 14001 certification, conducted environmental audits, and implemented energy-saving and waste management practices across its manufacturing facilities.
Company: YBS International Bhd
Sector: Industrials
Country: Malaysia
Year: 2024
Type: AR2
Pages: 142
YBS International Bhd
Annual Report
The report outlines YBS International Berhad's financial and operational performance for the fiscal year ended March 31, 2024. Despite a 10.9% increase in revenue to RM98.55 million, the company recorded a loss before tax of RM7.97 million, primarily due to softer demand in precision engineering and rising operating costs. Strategically, the company diversified into the energy sector by initiating lithium-ion battery assembly processes and product lines, with operations expected to commence in FY2025. On sustainability, the company maintained its ISO 14001 certification, conducted environmental audits, and implemented energy-saving and waste management practices across its manufacturing facilities.
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Document Details
Report Year
2024
Reporting Period
Apr 1, 2023 - Mar 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
No data available