Jaya Tiasa Holdings Bhd 2019 AR2
The report outlines Jaya Tiasa Holdings Berhad's performance and sustainability initiatives for the financial year ended June 30, 2019. The company faced a challenging economic environment, resulting in a revenue decrease to RM637.7 million and a net loss of RM265.3 million, primarily driven by lower crude palm oil prices and reduced timber sales volumes. Despite these headwinds, the company progressed in its sustainability commitments, achieving Malaysian Sustainable Palm Oil (MSPO) certification for most of its estates and mills. Additionally, the company maintained its zero-burning policy, implemented in-field mechanization to improve efficiency, and continued managing 120,395 hectares for reforestation.
Company: Jaya Tiasa Holdings Bhd
Sector: Materials
Country: Malaysia
Year: 2019
Type: AR2
Pages: 175
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Jaya Tiasa Holdings Bhd
Annual Report
The report outlines Jaya Tiasa Holdings Berhad's performance and sustainability initiatives for the financial year ended June 30, 2019. The company faced a challenging economic environment, resulting in a revenue decrease to RM637.7 million and a net loss of RM265.3 million, primarily driven by lower crude palm oil prices and reduced timber sales volumes. Despite these headwinds, the company progressed in its sustainability commitments, achieving Malaysian Sustainable Palm Oil (MSPO) certification for most of its estates and mills. Additionally, the company maintained its zero-burning policy, implemented in-field mechanization to improve efficiency, and continued managing 120,395 hectares for reforestation.
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Document Details
Report Year
2019
Reporting Period
Jul 1, 2018 - Jun 30, 2019
Fiscal Year
2019
Published
Nov 28, 2019
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
Workplace Fatalities