Barakah Offshore Petroleum Bhd 2021 AR2
The report highlights Barakah Offshore Petroleum Berhad's performance and sustainability initiatives for the fiscal year 2021. Despite the challenging market conditions and the COVID-19 pandemic, the company successfully restructured its debt and achieved a profit after tax of RM64 million. The company also celebrated a significant safety milestone, reaching 9,160,977 man-hours without any Lost Time Injuries since October 2016. Additionally, Barakah is actively exploring opportunities in renewable energy and non-oil and gas sectors to ensure long-term business sustainability.
Company: Barakah Offshore Petroleum Bhd
Sector: Mining & quarrying
Country: Malaysia
Year: 2021
Type: AR2
Pages: 129
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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 2021. Despite the challenging market conditions and the COVID-19 pandemic, the company successfully restructured its debt and achieved a profit after tax of RM64 million. The company also celebrated a significant safety milestone, reaching 9,160,977 man-hours without any Lost Time Injuries since October 2016. Additionally, Barakah is actively exploring opportunities in renewable energy and non-oil and gas sectors to ensure long-term business sustainability.
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Document Details
Report Year
2021
Reporting Period
Jul 1, 2020 - Jun 30, 2021
Fiscal Year
2021
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