Malaysia Marine and Heavy Engineering Holdings Berhad 2022 IR
The report highlights Malaysia Marine and Heavy Engineering Holdings Berhad's (MHB) successful financial turnaround in 2022, recording a net profit of RM67.6 million after four consecutive years of losses. The company achieved its highest-ever order book of RM6.6 billion, driven by major contract wins including the Kasawari Carbon Capture and Storage (CCS) project and the Rosmari-Marjoram solar-powered offshore platform. MHB also advanced its sustainability agenda by establishing its Climate Framework in line with TCFD recommendations and completing its first Scope 3 greenhouse gas inventory. Additionally, the company maintained its position as a constituent of the FTSE4Good Bursa Malaysia Index and received the Silver Award in the Energy category at the Edge Malaysia ESG Awards 2022.
Company: Malaysia Marine and Heavy Engineering Holdings Berhad
Sector: Manufacturing
Country: Malaysia
Year: 2022
Type: IR
Pages: 206
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Malaysia Marine and Heavy Engineering Holdings Berhad
Integrated Annual Report
The report highlights Malaysia Marine and Heavy Engineering Holdings Berhad's (MHB) successful financial turnaround in 2022, recording a net profit of RM67.6 million after four consecutive years of losses. The company achieved its highest-ever order book of RM6.6 billion, driven by major contract wins including the Kasawari Carbon Capture and Storage (CCS) project and the Rosmari-Marjoram solar-powered offshore platform. MHB also advanced its sustainability agenda by establishing its Climate Framework in line with TCFD recommendations and completing its first Scope 3 greenhouse gas inventory. Additionally, the company maintained its position as a constituent of the FTSE4Good Bursa Malaysia Index and received the Silver Award in the Energy category at the Edge Malaysia ESG Awards 2022.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Water Consumption
Women on Board
Workplace Fatalities
Net Zero Target
Employees