SCGM Bhd 2022 AR2
The report highlights SCGM BHD's performance for the financial year ended April 30, 2022, during which the company achieved a record revenue of RM284.7 million, driven by strong demand in its food and beverage packaging segment. To address labor shortages and boost productivity, the company commissioned three new automated packaging machineries. SCGM BHD also announced a proposed disposal of its entire equity interest in Lee Soon Seng Plastic Industries Sdn Bhd for RM544.38 million, aiming to unlock investment value and distribute proceeds to shareholders. On the environmental front, the company successfully reduced its water consumption to 64,841 cubic meters despite increased capacity utilization.
Company: SCGM Bhd
Sector: Materials
Country: Malaysia
Year: 2022
Type: AR2
Pages: 160
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SCGM Bhd
Annual Report
The report highlights SCGM BHD's performance for the financial year ended April 30, 2022, during which the company achieved a record revenue of RM284.7 million, driven by strong demand in its food and beverage packaging segment. To address labor shortages and boost productivity, the company commissioned three new automated packaging machineries. SCGM BHD also announced a proposed disposal of its entire equity interest in Lee Soon Seng Plastic Industries Sdn Bhd for RM544.38 million, aiming to unlock investment value and distribute proceeds to shareholders. On the environmental front, the company successfully reduced its water consumption to 64,841 cubic meters despite increased capacity utilization.
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Document Details
Report Year
2022
Reporting Period
May 1, 2021 - Apr 30, 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
Energy Consumption
Water Consumption
Women on Board