Oversea Enterprise Berhad 2020 AR2
The report outlines Oversea Enterprise Berhad's financial and operational performance for the fiscal year ended March 31, 2020, highlighting the challenges posed by the COVID-19 pandemic on its food and beverage operations. Despite a 6.2% decline in consolidated revenue to RM51.8 million due to outlet closures, the manufacturing division maintained consistent performance, delivering RM19.3 million in sales. The company implemented response measures, including promoting takeaway and delivery services, to mitigate the pandemic's impact. On the sustainability front, the Group focused on environmental initiatives, such as transitioning to renewable biodiesel at its Shah Alam manufacturing plant, and prioritized local procurement to support surrounding communities.
Company: Oversea Enterprise Berhad
Sector: Hospitality & food services
Country: Malaysia
Year: 2020
Type: AR2
Pages: 172
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Oversea Enterprise Berhad
Annual Report
The report outlines Oversea Enterprise Berhad's financial and operational performance for the fiscal year ended March 31, 2020, highlighting the challenges posed by the COVID-19 pandemic on its food and beverage operations. Despite a 6.2% decline in consolidated revenue to RM51.8 million due to outlet closures, the manufacturing division maintained consistent performance, delivering RM19.3 million in sales. The company implemented response measures, including promoting takeaway and delivery services, to mitigate the pandemic's impact. On the sustainability front, the Group focused on environmental initiatives, such as transitioning to renewable biodiesel at its Shah Alam manufacturing plant, and prioritized local procurement to support surrounding communities.
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Document Details
Report Year
2020
Reporting Period
Apr 1, 2019 - Mar 31, 2020
Fiscal Year
2020
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