Dayang Enterprise Holdings Bhd 2021 AR2
The report outlines Dayang Enterprise Holdings Bhd's sustainability performance and financial results for the fiscal year 2021. During the year, the company successfully fabricated and installed a 50-meter inter-platform bridge weighing 130MT at the Baram Oil Field, achieving 66,208 man-hours without any Lost Time Injury (LTI). However, the company faced significant challenges due to the COVID-19 pandemic, resulting in a lower group revenue of RM 667.7 million and a net loss of RM 435.7 million, largely driven by vessel-chartering subsidiary Perdana Petroleum Berhad's lower utilization of 44% and asset impairment charges. On the environmental front, the company recorded 554,270 kg of scheduled waste disposed of from its vessels and achieved a 13% decrease in energy intensity from its 2014 baseline.
Company: Dayang Enterprise Holdings Bhd
Sector: Mining & quarrying
Country: Malaysia
Year: 2021
Type: AR2
Pages: 183
Dayang Enterprise Holdings Bhd
The report outlines Dayang Enterprise Holdings Bhd's sustainability performance and financial results for the fiscal year 2021. During the year, the company successfully fabricated and installed a 50-meter inter-platform bridge weighing 130MT at the Baram Oil Field, achieving 66,208 man-hours without any Lost Time Injury (LTI). However, the company faced significant challenges due to the COVID-19 pandemic, resulting in a lower group revenue of RM 667.7 million and a net loss of RM 435.7 million, largely driven by vessel-chartering subsidiary Perdana Petroleum Berhad's lower utilization of 44% and asset impairment charges. On the environmental front, the company recorded 554,270 kg of scheduled waste disposed of from its vessels and achieved a 13% decrease in energy intensity from its 2014 baseline.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Published
Apr 21, 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
Total Waste
Women on Board
Women in Management
Employees