Bright Packaging Industry Berhad 2022 AR2
The report highlights Bright Packaging Industry Berhad's financial and operational performance for the fiscal year ended August 31, 2022. Despite global challenges, the company achieved a revenue of RM46.5 million, representing an increase from RM37.5 million in the previous year, driven by higher sales to Russia. However, the company recorded a net loss of RM2.5 million, primarily due to a RM5.0 million investment in a joint venture for an oil palm plantation project in Sarawak. On the sustainability front, the company continued to focus on environmentally friendly manufacturing processes, including the use of water-based inks, solvent-less techniques, and transitioning from diesel to electric heating.
Company: Bright Packaging Industry Berhad
Sector: Manufacturing
Country: Malaysia
Year: 2022
Type: AR2
Pages: 128
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Bright Packaging Industry Berhad
Annual Report
The report highlights Bright Packaging Industry Berhad's financial and operational performance for the fiscal year ended August 31, 2022. Despite global challenges, the company achieved a revenue of RM46.5 million, representing an increase from RM37.5 million in the previous year, driven by higher sales to Russia. However, the company recorded a net loss of RM2.5 million, primarily due to a RM5.0 million investment in a joint venture for an oil palm plantation project in Sarawak. On the sustainability front, the company continued to focus on environmentally friendly manufacturing processes, including the use of water-based inks, solvent-less techniques, and transitioning from diesel to electric heating.
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Document Details
Report Year
2022
Reporting Period
Sep 1, 2021 - Aug 31, 2022
Fiscal Year
2022
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