Focus Lumber Berhad 2020 AR2
The report outlines Focus Lumber Berhad's financial and sustainability performance for the fiscal year 2020. The company faced significant challenges due to the COVID-19 pandemic, resulting in a 38% decrease in revenue to RM87.78 million and a loss after tax of RM9.04 million. Despite these difficulties, the company continued its commitment to sustainability, utilizing wood waste from its plywood production to generate biomass energy through its subsidiary, Untung Ria Sdn Bhd, to power its operations. Additionally, the company maintained its focus on workplace safety, implementing strict COVID-19 prevention measures, and supported its workforce of 734 employees through equal opportunity practices.
Company: Focus Lumber Berhad
Sector: Manufacturing
Country: Malaysia
Year: 2020
Type: AR2
Pages: 124
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Focus Lumber Berhad
Annual Report
The report outlines Focus Lumber Berhad's financial and sustainability performance for the fiscal year 2020. The company faced significant challenges due to the COVID-19 pandemic, resulting in a 38% decrease in revenue to RM87.78 million and a loss after tax of RM9.04 million. Despite these difficulties, the company continued its commitment to sustainability, utilizing wood waste from its plywood production to generate biomass energy through its subsidiary, Untung Ria Sdn Bhd, to power its operations. Additionally, the company maintained its focus on workplace safety, implementing strict COVID-19 prevention measures, and supported its workforce of 734 employees through equal opportunity practices.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
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
Employees