Perak Corp Bhd 2019 AR2
The report outlines Perak Corporation Berhad's financial and operational performance for the fiscal year 2019, highlighting its three core businesses: ports and logistics, property development, and hospitality and tourism. The ports and logistics segment remained the leading revenue contributor, with Lumut Maritime Terminal on track with its 10-year strategic plan. The company also details its sustainability initiatives, focusing on economic growth, environmental protection, and social responsibility, including affordable housing projects and employee development. However, the year was highly challenging, with the company triggering PN17 criteria due to loan defaults.
Company: Perak Corp Bhd
Sector: Transport & logistics
Country: Malaysia
Year: 2019
Type: AR2
Pages: 202
Perak Corp Bhd
The report outlines Perak Corporation Berhad's financial and operational performance for the fiscal year 2019, highlighting its three core businesses: ports and logistics, property development, and hospitality and tourism. The ports and logistics segment remained the leading revenue contributor, with Lumut Maritime Terminal on track with its 10-year strategic plan. The company also details its sustainability initiatives, focusing on economic growth, environmental protection, and social responsibility, including affordable housing projects and employee development. However, the year was highly challenging, with the company triggering PN17 criteria due to loan defaults.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
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