Subur Tiasa Holdings Bhd 2021 AR2
The report highlights Subur Tiasa Holdings Berhad's financial recovery and sustainability progress for the 17-month period ended December 31, 2021. The company returned to profitability, achieving a pre-tax profit of RM110.8 million and a revenue of RM606.6 million, driven by its oil palm segment. Key sustainability achievements include obtaining Malaysian Sustainable Palm Oil (MSPO) certification for all oil palm estates and Forest Management Certification for the Mujong-Melinau Forest Management Unit. Additionally, the company implemented mechanization to address labor shortages and actively supported local communities through various COVID-19 relief donations.
Company: Subur Tiasa Holdings Bhd
Sector: Agriculture, forestry & fishing
Country: Malaysia
Year: 2021
Type: AR2
Pages: 27
Subur Tiasa Holdings Bhd
The report highlights Subur Tiasa Holdings Berhad's financial recovery and sustainability progress for the 17-month period ended December 31, 2021. The company returned to profitability, achieving a pre-tax profit of RM110.8 million and a revenue of RM606.6 million, driven by its oil palm segment. Key sustainability achievements include obtaining Malaysian Sustainable Palm Oil (MSPO) certification for all oil palm estates and Forest Management Certification for the Mujong-Melinau Forest Management Unit. Additionally, the company implemented mechanization to address labor shortages and actively supported local communities through various COVID-19 relief donations.
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Document Details
Report Year
2021
Reporting Period
Aug 1, 2020 - Dec 31, 2021
Fiscal Year
2021
Published
May 25, 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
No data available