LE Tree Holdings Ltd 2016 AR2
The report outlines Samko Timber Limited's performance and sustainability initiatives for the fiscal year 2016. Domestically, the company faced a challenging year with sales decreasing by 10% to Rp3,116.1 billion due to a slowdown in export sales and domestic sales volume. To improve its financial position, the Group raised S$34.0 million via a Rights Issue and divested its entire stake in PT SLJ Global Tbk, generating a net gain of Rp95.7 billion. On the sustainability front, Samko continued to source 85% of its logs from forest plantations and maintained key environmental certifications, including the Indonesian Timber Legality Assessment System (SVLK) and ISO 14001.
Company: LE Tree Holdings Ltd
Sector: Manufacturing
Country: Singapore
Year: 2016
Type: AR2
Pages: 131
Back to company
LE Tree Holdings Ltd
Annual Report
The report outlines Samko Timber Limited's performance and sustainability initiatives for the fiscal year 2016. Domestically, the company faced a challenging year with sales decreasing by 10% to Rp3,116.1 billion due to a slowdown in export sales and domestic sales volume. To improve its financial position, the Group raised S$34.0 million via a Rights Issue and divested its entire stake in PT SLJ Global Tbk, generating a net gain of Rp95.7 billion. On the sustainability front, Samko continued to source 85% of its logs from forest plantations and maintained key environmental certifications, including the Indonesian Timber Legality Assessment System (SVLK) and ISO 14001.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2016
Reporting Period
Jan 1, 2016 - Dec 31, 2016
Fiscal Year
2016
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