Kim Loong Resources Bhd 2023 AR2
The report highlights Kim Loong Resources Berhad's record-high financial performance for the fiscal year 2023, achieving a revenue of RM1.91 billion and a profit before tax of RM252.44 million. The company successfully commissioned its second biogas plant at the Keningau mill in December 2022, contributing to a combined net export capacity of 5.3 MW of renewable energy to the grid. All of the group's plantations and mills have achieved Malaysian Sustainable Palm Oil (MSPO) certification. Additionally, the group captured nearly 35 million cubic meters of greenhouse gases during the year, which were repurposed to generate renewable energy and reduce diesel dependency.
Company: Kim Loong Resources Bhd
Sector: Consumer Staples
Country: Malaysia
Year: 2023
Type: AR2
Pages: 202
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Kim Loong Resources Bhd
Annual Report
The report highlights Kim Loong Resources Berhad's record-high financial performance for the fiscal year 2023, achieving a revenue of RM1.91 billion and a profit before tax of RM252.44 million. The company successfully commissioned its second biogas plant at the Keningau mill in December 2022, contributing to a combined net export capacity of 5.3 MW of renewable energy to the grid. All of the group's plantations and mills have achieved Malaysian Sustainable Palm Oil (MSPO) certification. Additionally, the group captured nearly 35 million cubic meters of greenhouse gases during the year, which were repurposed to generate renewable energy and reduce diesel dependency.
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Document Details
Report Year
2023
Reporting Period
Feb 1, 2022 - Jan 31, 2023
Fiscal Year
2023
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