YBS International Berhad
Climate Impact & Sustainability Data (2024)
Reporting Period: 2024
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- Softer market demand in precision engineering and plastic injection moulding segment resulting in a 45% revenue drop.
- Decline in profit margin for paper products segment (2.3% in FY2024 from 3.6% in FY2023) due to increased sales of lower-margin corrugated products.
Mitigation Strategies
- Exploring strategies to address challenges and improve performance in the precision engineering and plastic injection moulding segment.
- Reviewing options to improve the paper products segment's profit margin, such as adding converting processes, targeting new customers, and expanding into new markets.