Malaysia Smelting Corporation Bhd 2019 AR2
The report highlights Malaysia Smelting Corporation Berhad's performance and sustainability initiatives for the fiscal year 2019. Despite a challenging macroeconomic environment and lower tin prices, the company delivered a net profit of RM30.7 million, driven by its tin mining division. Key developments included progress on relocating smelting operations to a new, efficient plant in Pulau Indah featuring Top Submerged Lance technology and solar panels. The company invested over RM4.9 million in environmental management, achieving a 52% reduction in its Lost Time Injury Frequency Rate.
Company: Malaysia Smelting Corporation Bhd
Sector: Materials
Country: Malaysia
Year: 2019
Type: AR2
Pages: 208
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Malaysia Smelting Corporation Bhd
Annual Report
The report highlights Malaysia Smelting Corporation Berhad's performance and sustainability initiatives for the fiscal year 2019. Despite a challenging macroeconomic environment and lower tin prices, the company delivered a net profit of RM30.7 million, driven by its tin mining division. Key developments included progress on relocating smelting operations to a new, efficient plant in Pulau Indah featuring Top Submerged Lance technology and solar panels. The company invested over RM4.9 million in environmental management, achieving a 52% reduction in its Lost Time Injury Frequency Rate.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Energy Consumption
Renewable Energy
Workplace Fatalities
Employees