Cypark Resources Berhad 2020 AR2
The report highlights Cypark Resources Berhad's performance and sustainability initiatives for the fiscal year ended October 31, 2020. Despite the challenges of the COVID-19 pandemic, the company achieved a revenue of RM304.00 million and a profit after tax of RM70.65 million. A major milestone was the successful award of the 100MWac LSS3 project in Merchang, Terengganu, as the only local company among the winners. Additionally, Cypark established a RM500 million Islamic perpetual bonds programme, the first of its kind secured by renewable energy assets. The company also progressed with its Waste-to-Energy plant in Ladang Tanah Merah, expected to commission in mid-2021.
Company: Cypark Resources Berhad
Sector: Water & waste services
Country: Malaysia
Year: 2020
Type: AR2
Pages: 50
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Cypark Resources Berhad
Annual Report
The report highlights Cypark Resources Berhad's performance and sustainability initiatives for the fiscal year ended October 31, 2020. Despite the challenges of the COVID-19 pandemic, the company achieved a revenue of RM304.00 million and a profit after tax of RM70.65 million. A major milestone was the successful award of the 100MWac LSS3 project in Merchang, Terengganu, as the only local company among the winners. Additionally, Cypark established a RM500 million Islamic perpetual bonds programme, the first of its kind secured by renewable energy assets. The company also progressed with its Waste-to-Energy plant in Ladang Tanah Merah, expected to commission in mid-2021.
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Document Details
Report Year
2020
Reporting Period
Nov 1, 2019 - Oct 31, 2020
Fiscal Year
2020
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
Employees