Ho Hup Construction Co Bhd 2023 AR2
The report outlines Ho Hup Construction Company Berhad's financial and sustainability performance for the fiscal year 2023. The company faced a challenging economic environment, resulting in a decrease in revenue to RM187.9 million and a net loss of RM84.5 million, primarily due to impairment of long outstanding receivables. To strengthen its balance sheet, the company undertook several corporate restructuring exercises, including de-gearing initiatives that reduced its gearing ratio to 1.49 times. On the sustainability front, the company tracked its ESG performance, reporting 220 total training hours, a total energy consumption of 23,684 Megawatts, and a combined green landscape of 29,118 square feet at Aurora Place to promote urban greenery.
Company: Ho Hup Construction Co Bhd
Sector: Construction
Country: Malaysia
Year: 2023
Type: AR2
Pages: 239
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Ho Hup Construction Co Bhd
Annual Report
The report outlines Ho Hup Construction Company Berhad's financial and sustainability performance for the fiscal year 2023. The company faced a challenging economic environment, resulting in a decrease in revenue to RM187.9 million and a net loss of RM84.5 million, primarily due to impairment of long outstanding receivables. To strengthen its balance sheet, the company undertook several corporate restructuring exercises, including de-gearing initiatives that reduced its gearing ratio to 1.49 times. On the sustainability front, the company tracked its ESG performance, reporting 220 total training hours, a total energy consumption of 23,684 Megawatts, and a combined green landscape of 29,118 square feet at Aurora Place to promote urban greenery.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Published
May 30, 2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Energy Consumption
Water Consumption
Women on Board
Women in Management
Workplace Fatalities
Employees