APB Resources Bhd 2024 AR2
The report highlights APB Resources Berhad's performance and strategic initiatives during the 18-month financial period ended March 31, 2024. The company expanded into the semiconductor industry by acquiring a 10.41% stake in Globetronics Technology Bhd and completed the acquisition of a 16-storey office building in Shah Alam. On the sustainability front, the company has implemented solar panels with a total capacity of 926,133 kWh since FY2019, saving 722,383 kg of carbon dioxide emissions annually. Despite these strategic milestones, the group recorded a loss after tax of RM31.76 million, primarily due to impairment losses on investments and trade receivables.
Company: APB Resources Bhd
Sector: Manufacturing
Country: Malaysia
Year: 2024
Type: AR2
Pages: 135
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APB Resources Bhd
Annual Report
The report highlights APB Resources Berhad's performance and strategic initiatives during the 18-month financial period ended March 31, 2024. The company expanded into the semiconductor industry by acquiring a 10.41% stake in Globetronics Technology Bhd and completed the acquisition of a 16-storey office building in Shah Alam. On the sustainability front, the company has implemented solar panels with a total capacity of 926,133 kWh since FY2019, saving 722,383 kg of carbon dioxide emissions annually. Despite these strategic milestones, the group recorded a loss after tax of RM31.76 million, primarily due to impairment losses on investments and trade receivables.
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Document Details
Report Year
2024
Reporting Period
Oct 1, 2022 - Mar 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
No data available