Mycron Steel Berhad 2022 AR2
The report highlights Mycron Steel Berhad's strong financial performance in FY2022, generating RM746 million in revenue and RM52.7 million in net profit despite COVID-19 shutdown costs. The company advanced its sustainability agenda by commissioning a state-of-the-art closed-loop acid regeneration plant, which is expected to reduce hydrochloric acid purchases by 95% and eliminate spent-acid waste entirely. Additionally, Mycron Steel Berhad rolled out its third Solar PV project, bringing its total renewable energy capacity to 3.619 MWp and avoiding approximately 2,215 metric tonnes of CO2 emissions annually. Both operating subsidiaries maintained their green credentials, holding SIRIM Eco-Label licenses and MyHIJAU markings.
Company: Mycron Steel Berhad
Sector: Manufacturing
Country: Malaysia
Year: 2022
Type: AR2
Pages: 208
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Mycron Steel Berhad
Annual Report
The report highlights Mycron Steel Berhad's strong financial performance in FY2022, generating RM746 million in revenue and RM52.7 million in net profit despite COVID-19 shutdown costs. The company advanced its sustainability agenda by commissioning a state-of-the-art closed-loop acid regeneration plant, which is expected to reduce hydrochloric acid purchases by 95% and eliminate spent-acid waste entirely. Additionally, Mycron Steel Berhad rolled out its third Solar PV project, bringing its total renewable energy capacity to 3.619 MWp and avoiding approximately 2,215 metric tonnes of CO2 emissions annually. Both operating subsidiaries maintained their green credentials, holding SIRIM Eco-Label licenses and MyHIJAU markings.
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Document Details
Report Year
2022
Reporting Period
Jul 1, 2021 - Jun 30, 2022
Fiscal Year
2022
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
Water Consumption
Employees