Golden Pharos Bhd 2017 AR2
The report outlines Golden Pharos Berhad's financial turnaround in 2017, achieving a profit before tax of RM0.5 million after several years of losses. Under its new three-year Business Recovery Plan, the company implemented strategic initiatives to enhance its core timber business, unleash dormant assets, and strengthen human capital. Key achievements included the forward sales of standing trees and increased production of logs, sawntimber, and woodchips. The company also highlighted its commitment to sustainable forest management, maintaining FSC certification for its Dungun Timber Complex and Cherul Forest Concession.
Company: Golden Pharos Bhd
Sector: Materials
Country: Malaysia
Year: 2017
Type: AR2
Pages: 142
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Golden Pharos Bhd
Annual Report
The report outlines Golden Pharos Berhad's financial turnaround in 2017, achieving a profit before tax of RM0.5 million after several years of losses. Under its new three-year Business Recovery Plan, the company implemented strategic initiatives to enhance its core timber business, unleash dormant assets, and strengthen human capital. Key achievements included the forward sales of standing trees and increased production of logs, sawntimber, and woodchips. The company also highlighted its commitment to sustainable forest management, maintaining FSC certification for its Dungun Timber Complex and Cherul Forest Concession.
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Document Details
Report Year
2017
Reporting Period
Jan 1, 2017 - Dec 31, 2017
Fiscal Year
2017
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