Maybulk Bhd 2018 AR2
The report highlights Malaysian Bulk Carriers Berhad's financial and operational performance for the fiscal year 2018. During the year, the company returned to profitability with a profit before tax of RM264.8 million, largely driven by the strategic disposal of its associate, POSH, and improved dry bulk market conditions. The company also progressed its fleet rejuvenation program by taking delivery of its first eco-Kamsarmax vessel, Alam Kekal, while disposing of four older vessels. On the sustainability front, the company established a Sustainability Working Group, conducted a structured stakeholder prioritization exercise, and reported a reduction in Scope 1 greenhouse gas emissions to 121,652 tonnes of CO2.
Company: Maybulk Bhd
Sector: Transport & logistics
Country: Malaysia
Year: 2018
Type: AR2
Pages: 117
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Maybulk Bhd
Annual Report
The report highlights Malaysian Bulk Carriers Berhad's financial and operational performance for the fiscal year 2018. During the year, the company returned to profitability with a profit before tax of RM264.8 million, largely driven by the strategic disposal of its associate, POSH, and improved dry bulk market conditions. The company also progressed its fleet rejuvenation program by taking delivery of its first eco-Kamsarmax vessel, Alam Kekal, while disposing of four older vessels. On the sustainability front, the company established a Sustainability Working Group, conducted a structured stakeholder prioritization exercise, and reported a reduction in Scope 1 greenhouse gas emissions to 121,652 tonnes of CO2.
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Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Workplace Fatalities