GFM Services Bhd 2024 AR2

The report highlights GFM Services Berhad's performance for the fiscal year 2024, during which the company achieved its highest-ever revenue of RM190.4 million, driven by the full-year contribution of its oil and gas subsidiary, Highbase Strategic Sdn. Bhd. Key milestones included the successful transfer of GFM's listing to the Main Market of Bursa Malaysia and the acquisition of Era Gema Bina Sdn. Bhd., securing rights to develop a highway rest and service area in Sungai Muda. On the sustainability front, the company began tracking its greenhouse gas emissions, reporting Scope 1 emissions of 97.67 tCO2e and Scope 2 emissions of 140.39 tCO2e. Additionally, GFM achieved a 41% recycling rate, surpassing the Malaysian national average.

Company: GFM Services Bhd

Sector: Industrials

Country: Malaysia

Year: 2024

Type: AR2

Pages: 213

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GFM Services Bhd

GFM Services Bhd 2024 Annual Report

Annual Report

The report highlights GFM Services Berhad's performance for the fiscal year 2024, during which the company achieved its highest-ever revenue of RM190.4 million, driven by the full-year contribution of its oil and gas subsidiary, Highbase Strategic Sdn. Bhd. Key milestones included the successful transfer of GFM's listing to the Main Market of Bursa Malaysia and the acquisition of Era Gema Bina Sdn. Bhd., securing rights to develop a highway rest and service area in Sungai Muda. On the sustainability front, the company began tracking its greenhouse gas emissions, reporting Scope 1 emissions of 97.67 tCO2e and Scope 2 emissions of 140.39 tCO2e. Additionally, GFM achieved a 41% recycling rate, surpassing the Malaysian national average.

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Document Details

Report Year

2024

Reporting Period

Jan 1, 2024 - Dec 31, 2024

Fiscal Year

2024

Published

Apr 17, 2025

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

Emissions

Scope 1:

Scope 2:

Scope 3:

Energy Consumption

Water Consumption

Total Waste

Women on Board

Women in Management

Workplace Fatalities