LBS Bina Group Bhd 2024 IR

The report highlights LBS Bina Group Berhad's financial and operational performance for the fiscal year 2024, emphasizing its commitment to sustainable property development. Key achievements include the launch of the 315-acre eco-conscious Rimbawan township in Genting Highlands and the issuance of Malaysia's first ASEAN Social SRI Sukuk Wakalah to fund affordable housing. The Group achieved a record 11-year high profit after tax and minority interests of RM244.06 million, driven by strategic portfolio optimization, including the disposal of its investment in Zhuhai International Circuit Limited. LBS continues to integrate ESG principles into its business model, targeting Net Zero Carbon Emissions by 2050.

Company: LBS Bina Group Bhd

Sector: Real Estate

Country: Malaysia

Year: 2024

Type: IR

Pages: 293

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LBS Bina Group Bhd

LBS Bina Group Bhd 2024 Integrated Annual Report

Integrated Annual Report

The report highlights LBS Bina Group Berhad's financial and operational performance for the fiscal year 2024, emphasizing its commitment to sustainable property development. Key achievements include the launch of the 315-acre eco-conscious Rimbawan township in Genting Highlands and the issuance of Malaysia's first ASEAN Social SRI Sukuk Wakalah to fund affordable housing. The Group achieved a record 11-year high profit after tax and minority interests of RM244.06 million, driven by strategic portfolio optimization, including the disposal of its investment in Zhuhai International Circuit Limited. LBS continues to integrate ESG principles into its business model, targeting Net Zero Carbon Emissions by 2050.

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Document Details

Report Year

2024

Reporting Period

Jan 1, 2024 - Dec 31, 2024

Fiscal Year

2024

Type

Integrated Report

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

Assurance

Assurance Provider

Assurance Standard

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 2:

Scope 3:

Water Consumption

Total Waste

Women on Board

Workplace Fatalities

Net Zero Target

Employees