Borneo Oil Bhd 2018 AR2
The report highlights Borneo Oil Berhad's performance and sustainability initiatives for the 17-month period ended June 30, 2018, following a change in its financial year-end. The company recorded a total revenue of RM137.11 million and a loss before tax of RM1.59 million, heavily impacted by ESOS expenses. In its operations, the Fast Food and Franchise division expanded to 135 outlets and introduced a new micro-concept, while the Property division progressed on the Integrated Limestone Processing Plant in Lahad Datu. Additionally, the company invested in a Bio-Fraction project to convert palm biomass wastes into renewable energy, aligning with its Green Business Initiative.
Company: Borneo Oil Bhd
Sector: Hospitality & food services
Country: Malaysia
Year: 2018
Type: AR2
Pages: 156
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Borneo Oil Bhd
Annual Report
The report highlights Borneo Oil Berhad's performance and sustainability initiatives for the 17-month period ended June 30, 2018, following a change in its financial year-end. The company recorded a total revenue of RM137.11 million and a loss before tax of RM1.59 million, heavily impacted by ESOS expenses. In its operations, the Fast Food and Franchise division expanded to 135 outlets and introduced a new micro-concept, while the Property division progressed on the Integrated Limestone Processing Plant in Lahad Datu. Additionally, the company invested in a Bio-Fraction project to convert palm biomass wastes into renewable energy, aligning with its Green Business Initiative.
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Document Details
Report Year
2018
Reporting Period
Feb 1, 2017 - Jun 30, 2018
Fiscal Year
2018
Published
Oct 26, 2018
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