Encorp Bhd 2022 AR2
The report highlights Encorp Berhad's performance and strategic progress for the fiscal year 2022. The company focused on its 2021-2025 Strategic Framework, emphasizing income clarity, diversity, and consistency. Key achievements included securing three new property developments with a gross development value of RM708.0 million and expanding its landbank by 27.57 acres. Encorp also advanced its diversification strategy by entering into a distribution agreement for silica mining. Despite a 6% decline in revenue to RM137.5 million due to labor shortages, the company successfully reduced its gearing ratio to 0.03 and maintained zero workplace fatalities.
Company: Encorp Bhd
Sector: Construction
Country: Malaysia
Year: 2022
Type: AR2
Pages: 27
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Encorp Bhd
Annual Report
The report highlights Encorp Berhad's performance and strategic progress for the fiscal year 2022. The company focused on its 2021-2025 Strategic Framework, emphasizing income clarity, diversity, and consistency. Key achievements included securing three new property developments with a gross development value of RM708.0 million and expanding its landbank by 27.57 acres. Encorp also advanced its diversification strategy by entering into a distribution agreement for silica mining. Despite a 6% decline in revenue to RM137.5 million due to labor shortages, the company successfully reduced its gearing ratio to 0.03 and maintained zero workplace fatalities.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Published
Jun 22, 2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Workplace Fatalities
Employees