Bintai Kinden Corporation Bhd 2023 AR2
The report highlights Bintai Kinden Corporation Berhad's performance for the financial year ended March 31, 2023. The company recorded a 20.61% increase in revenue to RM116.10 million, driven by better contributions from its mechanical and electrical engineering business. However, it incurred a loss before tax of RM116.62 million due to extraordinary costs, including impairments from the UNIMEL project and the termination of a lease contract. Bintai Kinden was classified as a Practice Note 17 affected issuer during the year and is actively working on a regularisation plan. The company remains committed to its core engineering business while exploring diversification opportunities.
Company: Bintai Kinden Corporation Bhd
Sector: Industrials
Country: Malaysia
Year: 2023
Type: AR2
Pages: 146
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Bintai Kinden Corporation Bhd
Annual Report
The report highlights Bintai Kinden Corporation Berhad's performance for the financial year ended March 31, 2023. The company recorded a 20.61% increase in revenue to RM116.10 million, driven by better contributions from its mechanical and electrical engineering business. However, it incurred a loss before tax of RM116.62 million due to extraordinary costs, including impairments from the UNIMEL project and the termination of a lease contract. Bintai Kinden was classified as a Practice Note 17 affected issuer during the year and is actively working on a regularisation plan. The company remains committed to its core engineering business while exploring diversification opportunities.
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Document Details
Report Year
2023
Reporting Period
Apr 1, 2022 - Mar 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
No data available