HHRG Bhd 2021 AR2
The report outlines Heng Huat Resources Group Berhad's financial and sustainability performance for the fiscal year ended March 31, 2021. The company, a manufacturer of eco-friendly biomass materials and mattresses, experienced a 27.93% decrease in revenue to RM73.59 million, primarily due to lower sales in its biomass division caused by COVID-19 disruptions. Despite these challenges, the company successfully completed a private placement and debt settlement schemes to strengthen its financial position. In terms of sustainability, the company focused on converting biomass waste into value-added products, implementing safety measures in the workplace, and supporting local community sports events.
Company: HHRG Bhd
Sector: Manufacturing
Country: Malaysia
Year: 2021
Type: AR2
Pages: 146
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HHRG Bhd
Annual Report
The report outlines Heng Huat Resources Group Berhad's financial and sustainability performance for the fiscal year ended March 31, 2021. The company, a manufacturer of eco-friendly biomass materials and mattresses, experienced a 27.93% decrease in revenue to RM73.59 million, primarily due to lower sales in its biomass division caused by COVID-19 disruptions. Despite these challenges, the company successfully completed a private placement and debt settlement schemes to strengthen its financial position. In terms of sustainability, the company focused on converting biomass waste into value-added products, implementing safety measures in the workplace, and supporting local community sports events.
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Document Details
Report Year
2021
Reporting Period
Apr 1, 2020 - Mar 31, 2021
Fiscal Year
2021
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