Barakah Offshore Petroleum Bhd 2020 AR2
The report highlights Barakah Offshore Petroleum Berhad's performance and sustainability initiatives for the fiscal year ended June 30, 2020. Despite challenging market conditions and the COVID-19 pandemic, the company returned to profitability with a profit after tax of RM25.01 million. Key achievements include reaching 8,000,000 man-hours without Lost Time Injuries (LTI) from October 2016 to January 2020, and recording 1,325,230 operation man-hours without LTI in FY2020. The company continues to focus on debt restructuring, operational efficiency, and exploring opportunities in renewable energy and non-oil and gas sectors.
Company: Barakah Offshore Petroleum Bhd
Sector: Mining & quarrying
Country: Malaysia
Year: 2020
Type: AR2
Pages: 131
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Barakah Offshore Petroleum Bhd
Annual Report
The report highlights Barakah Offshore Petroleum Berhad's performance and sustainability initiatives for the fiscal year ended June 30, 2020. Despite challenging market conditions and the COVID-19 pandemic, the company returned to profitability with a profit after tax of RM25.01 million. Key achievements include reaching 8,000,000 man-hours without Lost Time Injuries (LTI) from October 2016 to January 2020, and recording 1,325,230 operation man-hours without LTI in FY2020. The company continues to focus on debt restructuring, operational efficiency, and exploring opportunities in renewable energy and non-oil and gas sectors.
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Document Details
Report Year
2020
Reporting Period
Jul 1, 2019 - Jun 30, 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
Employees