Oasis Harvest Corp Bhd 2017 AR2
The report details the financial and operational performance of Dolphin International Berhad for the fiscal year 2017. During this challenging year, the company experienced a significant decrease in revenue to RM10.6 million and reported a consolidated loss after tax of RM57.0 million, primarily due to a bearish palm oil milling market and higher provisions. To turn around performance, the company initiated new business strategies, including securing its first palm oil mill enhancement and optimisation project under a revenue-sharing model and expanding into the biogas segment. Additionally, the company established a joint venture with Saudagar Handal Sdn Bhd to improve market penetration in Sabah.
Company: Oasis Harvest Corp Bhd
Sector: Hospitality & food services
Country: Malaysia
Year: 2017
Type: AR2
Pages: 140
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Oasis Harvest Corp Bhd
Annual Report
The report details the financial and operational performance of Dolphin International Berhad for the fiscal year 2017. During this challenging year, the company experienced a significant decrease in revenue to RM10.6 million and reported a consolidated loss after tax of RM57.0 million, primarily due to a bearish palm oil milling market and higher provisions. To turn around performance, the company initiated new business strategies, including securing its first palm oil mill enhancement and optimisation project under a revenue-sharing model and expanding into the biogas segment. Additionally, the company established a joint venture with Saudagar Handal Sdn Bhd to improve market penetration in Sabah.
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Document Details
Report Year
2017
Reporting Period
Jan 1, 2017 - Dec 31, 2017
Fiscal Year
2017
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
No data available