Kim Loong Resources Bhd 2019 AR2
The report highlights Kim Loong Resources Berhad's performance and sustainability initiatives for the financial year ended January 31, 2019. During the year, the company faced a drop in performance due to lower palm oil prices and FFB production, with revenue decreasing to RM872.94 million and profit before tax dropping to RM88.23 million. Despite these challenges, the company progressed in its sustainability efforts, with two of its palm oil mills in Sabah achieving Malaysian Sustainable Palm Oil (MSPO) certification. Additionally, the company successfully implemented methane capturing and power generation projects at all three of its mills to reduce greenhouse gas emissions.
Company: Kim Loong Resources Bhd
Sector: Consumer Staples
Country: Malaysia
Year: 2019
Type: AR2
Pages: 189
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Kim Loong Resources Bhd
Annual Report
The report highlights Kim Loong Resources Berhad's performance and sustainability initiatives for the financial year ended January 31, 2019. During the year, the company faced a drop in performance due to lower palm oil prices and FFB production, with revenue decreasing to RM872.94 million and profit before tax dropping to RM88.23 million. Despite these challenges, the company progressed in its sustainability efforts, with two of its palm oil mills in Sabah achieving Malaysian Sustainable Palm Oil (MSPO) certification. Additionally, the company successfully implemented methane capturing and power generation projects at all three of its mills to reduce greenhouse gas emissions.
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Document Details
Report Year
2019
Reporting Period
Feb 1, 2018 - Jan 31, 2019
Fiscal Year
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
Employees