Encorp Bhd 2020 AR2
The report highlights Encorp Berhad's performance and sustainability progress for the fiscal year 2020, marking its 20th year of operations. Despite the challenges of the COVID-19 pandemic, the company recorded a profit before tax of RM1.6 million, a significant turnaround from a loss of RM35.1 million in FY2019. Encorp successfully reduced its gearing ratio from 0.57 to 0.11 following a settlement agreement with FELDA. On the sustainability front, the company achieved a 28% reduction in energy consumption at its corporate office and maintained a zero-fatality safety record. Encorp also continued its community engagement, with employees volunteering 160 hours of service.
Company: Encorp Bhd
Sector: Construction
Country: Malaysia
Year: 2020
Type: AR2
Pages: 63
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Encorp Bhd
Annual Report
The report highlights Encorp Berhad's performance and sustainability progress for the fiscal year 2020, marking its 20th year of operations. Despite the challenges of the COVID-19 pandemic, the company recorded a profit before tax of RM1.6 million, a significant turnaround from a loss of RM35.1 million in FY2019. Encorp successfully reduced its gearing ratio from 0.57 to 0.11 following a settlement agreement with FELDA. On the sustainability front, the company achieved a 28% reduction in energy consumption at its corporate office and maintained a zero-fatality safety record. Encorp also continued its community engagement, with employees volunteering 160 hours of service.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Published
Jun 23, 2021
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
Workplace Fatalities
Employees