Mentiga Corp Bhd 2021 AR2
The report details Mentiga Corporation Berhad's performance and sustainability initiatives for the financial year ended December 31, 2021. Facing tight cashflows and acute labor shortages due to the COVID-19 pandemic, the group recorded a revenue of RM11.18 million and a loss after taxation of RM17.86 million, largely due to a RM13.62 million impairment of plantation assets. To address labor shortages, the company successfully hired and trained local Orang Asli workers as skilled harvesters. Additionally, the group advanced its environmental efforts by implementing biological pest controls using barn owls and adopting zero-burning techniques for land clearing.
Company: Mentiga Corp Bhd
Sector: Agriculture, forestry & fishing
Country: Malaysia
Year: 2021
Type: AR2
Pages: 108
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Mentiga Corp Bhd
Annual Report
The report details Mentiga Corporation Berhad's performance and sustainability initiatives for the financial year ended December 31, 2021. Facing tight cashflows and acute labor shortages due to the COVID-19 pandemic, the group recorded a revenue of RM11.18 million and a loss after taxation of RM17.86 million, largely due to a RM13.62 million impairment of plantation assets. To address labor shortages, the company successfully hired and trained local Orang Asli workers as skilled harvesters. Additionally, the group advanced its environmental efforts by implementing biological pest controls using barn owls and adopting zero-burning techniques for land clearing.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Published
Jun 9, 2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Workplace Fatalities