ECM Libra Group Berhad 2022 AR2
The report outlines the financial and sustainability performance of ECM Libra Group Berhad for the fiscal year 2022. The group's hospitality assets recovered from the pandemic, generating a positive EBITDA of RM5.65 million, with average room rates increasing by 48% year-on-year. The company expanded its investments in the education sector through its associate Educ8 Group Sdn Bhd and in manufacturing through Positive Carry Sdn Bhd. On the sustainability front, the group focused on resource conservation, reporting a 177% increase in electricity consumption and a 59% increase in water consumption due to higher hotel occupancies. Additionally, the group maintained its commitment to local sourcing, with over 90% of suppliers being local, and continued its corporate social responsibility initiatives through the ECM Libra Foundation.
Company: ECM Libra Group Berhad
Sector: Hospitality & food services
Country: Malaysia
Year: 2022
Type: AR2
Pages: 138
ECM Libra Group Berhad
The report outlines the financial and sustainability performance of ECM Libra Group Berhad for the fiscal year 2022. The group's hospitality assets recovered from the pandemic, generating a positive EBITDA of RM5.65 million, with average room rates increasing by 48% year-on-year. The company expanded its investments in the education sector through its associate Educ8 Group Sdn Bhd and in manufacturing through Positive Carry Sdn Bhd. On the sustainability front, the group focused on resource conservation, reporting a 177% increase in electricity consumption and a 59% increase in water consumption due to higher hotel occupancies. Additionally, the group maintained its commitment to local sourcing, with over 90% of suppliers being local, and continued its corporate social responsibility initiatives through the ECM Libra Foundation.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
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
Energy Consumption
Water Consumption
Employees