Kim Loong Resources Bhd 2021 AR2
The report outlines Kim Loong Resources Berhad's sustainability and financial performance for the fiscal year ended 31 January 2021. The company achieved a record revenue of RM971.68 million and a profit before tax of RM144.55 million, driven by higher average selling prices and increased production in both plantation and milling operations. All plantations and mills under the group successfully maintained Malaysian Sustainable Palm Oil (MSPO) certification. The group also advanced its renewable energy initiatives, with its biogas plant in Kota Tinggi supplying power to the national grid and similar projects underway at other mills. Additionally, the company expanded its land bank by taking possession of 2,722 acres of oil palm plantation lands in Sabah.
Company: Kim Loong Resources Bhd
Sector: Consumer Staples
Country: Malaysia
Year: 2021
Type: AR2
Pages: 187
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Kim Loong Resources Bhd
Annual Report
The report outlines Kim Loong Resources Berhad's sustainability and financial performance for the fiscal year ended 31 January 2021. The company achieved a record revenue of RM971.68 million and a profit before tax of RM144.55 million, driven by higher average selling prices and increased production in both plantation and milling operations. All plantations and mills under the group successfully maintained Malaysian Sustainable Palm Oil (MSPO) certification. The group also advanced its renewable energy initiatives, with its biogas plant in Kota Tinggi supplying power to the national grid and similar projects underway at other mills. Additionally, the company expanded its land bank by taking possession of 2,722 acres of oil palm plantation lands in Sabah.
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Document Details
Report Year
2021
Reporting Period
Feb 1, 2020 - Jan 31, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Workplace Fatalities
Employees