Luster Industries Bhd 2022 AR2
The report highlights Luster Industries Bhd's performance and sustainability initiatives for the fiscal year 2022. The company recorded a revenue of RM156.1 million, primarily driven by its manufacturing segment, but experienced a loss before tax of RM15.1 million due to goodwill impairment and provisions. Key developments included the acquisition of a 12.4% stake in Aimflex Berhad to expand into the automation industry and land acquisition in Ara Damansara for property development. On the sustainability front, the company improved its customer satisfaction rating to 4.1 and maintained certifications such as ISO 9001, ISO 14001, and ISO 45001 while implementing lean manufacturing and waste management initiatives.
Company: Luster Industries Bhd
Sector: Manufacturing
Country: Malaysia
Year: 2022
Type: AR2
Pages: 144
Back to company
Luster Industries Bhd
Annual Report
The report highlights Luster Industries Bhd's performance and sustainability initiatives for the fiscal year 2022. The company recorded a revenue of RM156.1 million, primarily driven by its manufacturing segment, but experienced a loss before tax of RM15.1 million due to goodwill impairment and provisions. Key developments included the acquisition of a 12.4% stake in Aimflex Berhad to expand into the automation industry and land acquisition in Ara Damansara for property development. On the sustainability front, the company improved its customer satisfaction rating to 4.1 and maintained certifications such as ISO 9001, ISO 14001, and ISO 45001 while implementing lean manufacturing and waste management initiatives.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Published
May 29, 2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management