BTM Resources Bhd 2021 AR2
The report highlights BTM Resources Berhad's performance and strategic initiatives for the financial year 2021. Operating under challenging conditions due to the COVID-19 pandemic, the Group recorded a revenue of RM 8.00 million and a loss after taxation of RM 6.05 million. To improve its financial position, the Group is focusing on cost optimization and expanding its wood pellet manufacturing. Notably, the Group is diversifying into the biomass energy business, having secured a 21-year renewable energy power purchase agreement with Tenaga Nasional Berhad to build and operate a 10 Megawatt biomass power plant.
Company: BTM Resources Bhd
Sector: Materials
Country: Malaysia
Year: 2021
Type: AR2
Pages: 93
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BTM Resources Bhd
Annual Report
The report highlights BTM Resources Berhad's performance and strategic initiatives for the financial year 2021. Operating under challenging conditions due to the COVID-19 pandemic, the Group recorded a revenue of RM 8.00 million and a loss after taxation of RM 6.05 million. To improve its financial position, the Group is focusing on cost optimization and expanding its wood pellet manufacturing. Notably, the Group is diversifying into the biomass energy business, having secured a 21-year renewable energy power purchase agreement with Tenaga Nasional Berhad to build and operate a 10 Megawatt biomass power plant.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Published
Apr 29, 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
Women on Board