Mycron Steel Bhd 2021 AR2
The report highlights Mycron Steel Berhad's exceptional financial turnaround for the fiscal year ended June 30, 2021, achieving its highest net profit in a decade at RM53.8 million despite COVID-19 disruptions. The company advanced its sustainability initiatives by installing a 0.83 MWp solar panel system at Melewar Steel Tube, reducing its carbon footprint by approximately 432 metric tonnes of CO2 annually. Additionally, Mycron commissioned its Acid Regeneration Plant in July 2021 to eliminate spent-acid waste and reduce hydrochloric acid purchases by 95%. The group also maintained a strong focus on employee well-being, achieving zero internally spread COVID-19 clusters and keeping its lost time injury frequency rate within the OSHA benchmark.
Company: Mycron Steel Bhd
Sector: Manufacturing
Country: Malaysia
Year: 2021
Type: AR2
Pages: 178
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Mycron Steel Bhd
Annual Report
The report highlights Mycron Steel Berhad's exceptional financial turnaround for the fiscal year ended June 30, 2021, achieving its highest net profit in a decade at RM53.8 million despite COVID-19 disruptions. The company advanced its sustainability initiatives by installing a 0.83 MWp solar panel system at Melewar Steel Tube, reducing its carbon footprint by approximately 432 metric tonnes of CO2 annually. Additionally, Mycron commissioned its Acid Regeneration Plant in July 2021 to eliminate spent-acid waste and reduce hydrochloric acid purchases by 95%. The group also maintained a strong focus on employee well-being, achieving zero internally spread COVID-19 clusters and keeping its lost time injury frequency rate within the OSHA benchmark.
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Document Details
Report Year
2021
Reporting Period
Jul 1, 2020 - Jun 30, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Employees