Carimin Petroleum Bhd 2022 AR2
The report highlights Carimin Petroleum Berhad's performance for the fiscal year ended June 30, 2022, during which the company achieved a 37.8% increase in revenue to RM227.75 million, driven by higher demand for oil and gas activities. However, profit after tax declined by 48.3% to RM6.9 million due to vessel impairments, trade receivables, and joint venture losses. Key achievements include securing a maiden onshore pipeline EPCC project and maintaining a zero-fatality workplace. The company also improved its FTSE Russell ESG rating from 1.7 to 2.7, elevating its status to a 3-Star Band rating.
Company: Carimin Petroleum Bhd
Sector: Mining & quarrying
Country: Malaysia
Year: 2022
Type: AR2
Pages: 169
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Carimin Petroleum Bhd
Annual Report
The report highlights Carimin Petroleum Berhad's performance for the fiscal year ended June 30, 2022, during which the company achieved a 37.8% increase in revenue to RM227.75 million, driven by higher demand for oil and gas activities. However, profit after tax declined by 48.3% to RM6.9 million due to vessel impairments, trade receivables, and joint venture losses. Key achievements include securing a maiden onshore pipeline EPCC project and maintaining a zero-fatality workplace. The company also improved its FTSE Russell ESG rating from 1.7 to 2.7, elevating its status to a 3-Star Band rating.
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Document Details
Report Year
2022
Reporting Period
Jul 1, 2021 - Jun 30, 2022
Fiscal Year
2022
Published
Nov 29, 2022
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
Workplace Fatalities
Employees