Cypark Resources Bhd 2021 AR2
The report highlights Cypark Resources Berhad's financial and sustainability performance for the fiscal year ended October 31, 2021. Despite the challenges of the COVID-19 pandemic, the company recorded a 3.7% increase in revenue to RM315.3 million and a 6.5% increase in profit after tax to RM75.3 million. Cypark successfully achieved commercial operation of its 49 MW Large Scale Solar 2 (LSS2) project in Sik, Kedah, and its biogas plant in Kampung Gajah, Perak. Additionally, the company advanced construction on its 98 MW floating solar project in Kelantan, 172 MW LSS3 project in Terengganu, and the SMART waste-to-energy plant in Negeri Sembilan. Cypark also signed a memorandum of understanding with Huawei to collaborate on 500 MW of renewable energy projects.
Company: Cypark Resources Bhd
Sector: Industrials
Country: Malaysia
Year: 2021
Type: AR2
Pages: 35
Cypark Resources Bhd
Annual Report
The report highlights Cypark Resources Berhad's financial and sustainability performance for the fiscal year ended October 31, 2021. Despite the challenges of the COVID-19 pandemic, the company recorded a 3.7% increase in revenue to RM315.3 million and a 6.5% increase in profit after tax to RM75.3 million. Cypark successfully achieved commercial operation of its 49 MW Large Scale Solar 2 (LSS2) project in Sik, Kedah, and its biogas plant in Kampung Gajah, Perak. Additionally, the company advanced construction on its 98 MW floating solar project in Kelantan, 172 MW LSS3 project in Terengganu, and the SMART waste-to-energy plant in Negeri Sembilan. Cypark also signed a memorandum of understanding with Huawei to collaborate on 500 MW of renewable energy projects.
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Document Details
Report Year
2021
Reporting Period
Nov 1, 2020 - Oct 31, 2021
Fiscal Year
2021
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