Yeo Hiap Seng Ltd 2020 AR2
The report highlights Yeo Hiap Seng Limited's performance in 2020, during which the company celebrated its 120th anniversary and navigated the COVID-19 pandemic. The Group recorded a revenue of S$321.9 million and a net loss of S$10.0 million, while maintaining a strong balance sheet with S$264.2 million in cash and no borrowings. Key achievements include a strategic partnership with Oatly to produce oat milk in Singapore, doubling e-commerce sales, and achieving double-digit sales growth in China and its food business. On the sustainability front, the company progressed with its water recycling plant in Singapore, recycled 100% of its Okara waste, and donated close to one million packs of beverages to support healthcare and frontline workers.
Company: Yeo Hiap Seng Ltd
Sector: Consumer Staples
Country: Singapore
Year: 2020
Type: AR2
Pages: 192
Yeo Hiap Seng Ltd
Annual Report
The report highlights Yeo Hiap Seng Limited's performance in 2020, during which the company celebrated its 120th anniversary and navigated the COVID-19 pandemic. The Group recorded a revenue of S$321.9 million and a net loss of S$10.0 million, while maintaining a strong balance sheet with S$264.2 million in cash and no borrowings. Key achievements include a strategic partnership with Oatly to produce oat milk in Singapore, doubling e-commerce sales, and achieving double-digit sales growth in China and its food business. On the sustainability front, the company progressed with its water recycling plant in Singapore, recycled 100% of its Okara waste, and donated close to one million packs of beverages to support healthcare and frontline workers.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
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
Total Waste
Women on Board
Women in Management
Employees