PLB Engineering Bhd 2022 AR2
The report highlights PLB Engineering Berhad's performance for the fiscal year ended August 31, 2022, focusing on its core construction and property development sectors. The property development segment showed recovery, with affordable housing schemes 'The Stone' and 'The Dew' achieving 97% and 48% sales respectively. Due to losses, the company discontinued its waste management operations at the Pulau Burung landfill, handing it over to local councils. Financially, the Group recorded a total revenue of RM189.26 million and a loss before tax of RM15.96 million, primarily due to a RM30 million impairment on property, plant, and equipment. On the sustainability front, the Group's 20MW solar farm generated 32,267 kWh of renewable energy, contributing to carbon emission reductions.
Company: PLB Engineering Bhd
Sector: Construction
Country: Malaysia
Year: 2022
Type: AR2
Pages: 162
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PLB Engineering Bhd
Annual Report
The report highlights PLB Engineering Berhad's performance for the fiscal year ended August 31, 2022, focusing on its core construction and property development sectors. The property development segment showed recovery, with affordable housing schemes 'The Stone' and 'The Dew' achieving 97% and 48% sales respectively. Due to losses, the company discontinued its waste management operations at the Pulau Burung landfill, handing it over to local councils. Financially, the Group recorded a total revenue of RM189.26 million and a loss before tax of RM15.96 million, primarily due to a RM30 million impairment on property, plant, and equipment. On the sustainability front, the Group's 20MW solar farm generated 32,267 kWh of renewable energy, contributing to carbon emission reductions.
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Document Details
Report Year
2022
Reporting Period
Sep 1, 2021 - Aug 31, 2022
Fiscal Year
2022
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
Women in Management
Workplace Fatalities