Kim Loong Resources Bhd 2017 AR2
The report highlights Kim Loong Resources Berhad's financial and operational performance for the fiscal year ended January 31, 2017. The company achieved a revenue of RM892.59 million and a profit before tax of RM111.16 million, driven by higher palm oil prices. In terms of sustainability, the company successfully implemented methane capture and power generation projects at its three palm oil mills, reducing greenhouse gas emissions and utilizing biogas to support operational power needs. Additionally, the company continued its commitment to community development, including managing Native Customary Rights land projects in Sarawak to provide sustainable income for local landowners.
Company: Kim Loong Resources Bhd
Sector: Consumer Staples
Country: Malaysia
Year: 2017
Type: AR2
Pages: 153
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Kim Loong Resources Bhd
Annual Report
The report highlights Kim Loong Resources Berhad's financial and operational performance for the fiscal year ended January 31, 2017. The company achieved a revenue of RM892.59 million and a profit before tax of RM111.16 million, driven by higher palm oil prices. In terms of sustainability, the company successfully implemented methane capture and power generation projects at its three palm oil mills, reducing greenhouse gas emissions and utilizing biogas to support operational power needs. Additionally, the company continued its commitment to community development, including managing Native Customary Rights land projects in Sarawak to provide sustainable income for local landowners.
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Document Details
Report Year
2017
Reporting Period
Feb 1, 2016 - Jan 31, 2017
Fiscal Year
2017
Published
May 25, 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
Employees