Minho (M) Berhad 2023 AR2
The report outlines the financial and sustainability performance of Minho (M) Berhad for the fiscal year 2023. The group recorded a revenue of RM193.43 million, representing a 14.93% decrease compared to the previous year, primarily due to lower sales in the timber trading and manufacturing segments. In terms of sustainability, the company conducted a materiality assessment identifying key economic, environmental, and social issues. Minho continues to align its timber operations with the Programme for the Endorsement of Forest Certification (PEFC) and the Malaysian Criteria and Indicators (MC&I). Additionally, the company implemented the amendments of the Employment (Amendment) Act 2022 to enhance employee welfare and maintained its zero-tolerance policy towards fraud, bribery, and corruption.
Company: Minho (M) Berhad
Sector: Manufacturing
Country: Malaysia
Year: 2023
Type: AR2
Pages: 164
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Minho (M) Berhad
Annual Report
The report outlines the financial and sustainability performance of Minho (M) Berhad for the fiscal year 2023. The group recorded a revenue of RM193.43 million, representing a 14.93% decrease compared to the previous year, primarily due to lower sales in the timber trading and manufacturing segments. In terms of sustainability, the company conducted a materiality assessment identifying key economic, environmental, and social issues. Minho continues to align its timber operations with the Programme for the Endorsement of Forest Certification (PEFC) and the Malaysian Criteria and Indicators (MC&I). Additionally, the company implemented the amendments of the Employment (Amendment) Act 2022 to enhance employee welfare and maintained its zero-tolerance policy towards fraud, bribery, and corruption.
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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
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Employees