Kim Loong Resources Bhd 2018 AR2
The report highlights Kim Loong Resources Berhad's financial and operational performance for the fiscal year ended January 31, 2018. The company achieved a record revenue of RM1.075 billion, representing a 20% increase from the previous year, driven by higher production in both plantation and milling operations. Fresh fruit bunches (FFB) production increased by 35% to 340,410 MT, while crude palm oil (CPO) production reached 322,407 MT. On the sustainability front, the company successfully implemented methane capture and power generation projects at all three of its palm oil mills, reducing greenhouse gas emissions and utilizing biogas for electricity. Additionally, the company continued its involvement in developing Native Customary Rights (NCR) land in Sarawak, benefiting approximately 700 local landowners.
Company: Kim Loong Resources Bhd
Sector: Consumer Staples
Country: Malaysia
Year: 2018
Type: AR2
Pages: 168
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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, 2018. The company achieved a record revenue of RM1.075 billion, representing a 20% increase from the previous year, driven by higher production in both plantation and milling operations. Fresh fruit bunches (FFB) production increased by 35% to 340,410 MT, while crude palm oil (CPO) production reached 322,407 MT. On the sustainability front, the company successfully implemented methane capture and power generation projects at all three of its palm oil mills, reducing greenhouse gas emissions and utilizing biogas for electricity. Additionally, the company continued its involvement in developing Native Customary Rights (NCR) land in Sarawak, benefiting approximately 700 local landowners.
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Document Details
Report Year
2018
Reporting Period
Feb 1, 2017 - Jan 31, 2018
Fiscal Year
2018
Published
May 28, 2018
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
Employees