Focus Lumber Berhad 2023 AR2
The report outlines Focus Lumber Berhad's sustainability performance and financial results for the fiscal year 2023. During the year, the company faced a challenging global lumber market, resulting in a revenue decrease of 55% to RM60.19 million and a net loss after tax of RM7.89 million. On the environmental front, the company successfully reduced its diesel consumption by purchasing more wood waste from third parties to generate biomass energy, which supplied 9,172,400 kWh of electricity. Additionally, the company achieved its target of zero corruption cases, zero whistleblowing reports, and zero environmental non-compliance fines. Focus Lumber Berhad also maintained a workforce of 532 employees, achieving its target of at least 35% local hires and meeting its gender diversity goals.
Company: Focus Lumber Berhad
Sector: Manufacturing
Country: Malaysia
Year: 2023
Type: AR2
Pages: 124
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Focus Lumber Berhad
Annual Report
The report outlines Focus Lumber Berhad's sustainability performance and financial results for the fiscal year 2023. During the year, the company faced a challenging global lumber market, resulting in a revenue decrease of 55% to RM60.19 million and a net loss after tax of RM7.89 million. On the environmental front, the company successfully reduced its diesel consumption by purchasing more wood waste from third parties to generate biomass energy, which supplied 9,172,400 kWh of electricity. Additionally, the company achieved its target of zero corruption cases, zero whistleblowing reports, and zero environmental non-compliance fines. Focus Lumber Berhad also maintained a workforce of 532 employees, achieving its target of at least 35% local hires and meeting its gender diversity goals.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Published
May 24, 2024
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
Women on Board
Workplace Fatalities
Employees