Petra Energy Bhd 2019 AR2
The report highlights PETRA Energy Bhd.'s financial and operational performance for the fiscal year 2019, marking its transition towards becoming a sustainable energy company. The company achieved its highest-ever recorded profit after tax of RM61.9 million, driven by improved project execution efficiency and cost management under its Transformation Roadmap. Operationally, PETRA recorded a positive safety performance with a Lost Time Injury Frequency rate of 0.33 across 6.05 million manhours. Key achievements included the successful execution of offshore turnarounds and hook-up commissioning projects, alongside community initiatives like the Fast Track Engineer Programme.
Company: Petra Energy Bhd
Sector: Mining & quarrying
Country: Malaysia
Year: 2019
Type: AR2
Pages: 55
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Petra Energy Bhd
Annual Report
The report highlights PETRA Energy Bhd.'s financial and operational performance for the fiscal year 2019, marking its transition towards becoming a sustainable energy company. The company achieved its highest-ever recorded profit after tax of RM61.9 million, driven by improved project execution efficiency and cost management under its Transformation Roadmap. Operationally, PETRA recorded a positive safety performance with a Lost Time Injury Frequency rate of 0.33 across 6.05 million manhours. Key achievements included the successful execution of offshore turnarounds and hook-up commissioning projects, alongside community initiatives like the Fast Track Engineer Programme.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Published
May 30, 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
No data available