Far East Holdings Berhad 2021 AR2
The report highlights Far East Holdings Berhad's financial and operational performance for the fiscal year 2021. The company achieved a record profit before tax of RM 210.46 million, driven by significantly higher crude palm oil and palm kernel prices. On the sustainability front, all thirteen of the company's estates and two palm oil mills successfully completed Malaysia Sustainable Palm Oil (MSPO) certification, while six estates and one mill obtained International Sustainability and Carbon Certification (ISCC). Additionally, the company implemented mechanisation programs to mitigate acute labour shortages and improve worker productivity.
Company: Far East Holdings Berhad
Sector: Agriculture, forestry & fishing
Country: Malaysia
Year: 2021
Type: AR2
Pages: 164
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Far East Holdings Berhad
Annual Report
The report highlights Far East Holdings Berhad's financial and operational performance for the fiscal year 2021. The company achieved a record profit before tax of RM 210.46 million, driven by significantly higher crude palm oil and palm kernel prices. On the sustainability front, all thirteen of the company's estates and two palm oil mills successfully completed Malaysia Sustainable Palm Oil (MSPO) certification, while six estates and one mill obtained International Sustainability and Carbon Certification (ISCC). Additionally, the company implemented mechanisation programs to mitigate acute labour shortages and improve worker productivity.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Published
Jun 15, 2022
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
Women in Management
Employees