Mieco Chipboard Berhad 2023 AR2
The report highlights Mieco Chipboard Berhad's performance and sustainability initiatives for the fiscal year 2023. During the year, the company expanded its operations by acquiring Seng Yip Furniture Sdn. Bhd. to secure raw materials and complement its product range. Despite a 9% increase in revenue to RM358.9 million, the Group recorded a net loss of RM65.1 million, primarily due to one-off impairment losses on property, plant, and equipment. On the sustainability front, the company achieved zero workplace fatalities and successfully applied for the Singapore Green Label Certification for its panel boards.
Company: Mieco Chipboard Berhad
Sector: Manufacturing
Country: Malaysia
Year: 2023
Type: AR2
Pages: 186
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Mieco Chipboard Berhad
Annual Report
The report highlights Mieco Chipboard Berhad's performance and sustainability initiatives for the fiscal year 2023. During the year, the company expanded its operations by acquiring Seng Yip Furniture Sdn. Bhd. to secure raw materials and complement its product range. Despite a 9% increase in revenue to RM358.9 million, the Group recorded a net loss of RM65.1 million, primarily due to one-off impairment losses on property, plant, and equipment. On the sustainability front, the company achieved zero workplace fatalities and successfully applied for the Singapore Green Label Certification for its panel boards.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Energy Consumption
Water Consumption
Women on Board
Women in Management
Workplace Fatalities