Teo Seng Capital Bhd 2020 AR2
The report highlights Teo Seng Capital Berhad's performance and sustainability initiatives for the fiscal year 2020. Despite the challenges of the COVID-19 pandemic, the company maintained a daily production of 4 million eggs and expanded its operations with the commencement of its third central packing station (CPS 3) and third organic fertiliser plant. Teo Seng also advanced its green initiatives by installing solar photovoltaic systems across its farms and factories, generating 951 MWh of renewable energy in 2020. Financially, the company recorded a revenue of RM478.3 million, though profit before tax declined to RM10.8 million due to weak market demand and depressed egg prices.
Company: Teo Seng Capital Bhd
Sector: Consumer Staples
Country: Malaysia
Year: 2020
Type: AR2
Pages: 170
Teo Seng Capital Bhd
Annual Report
The report highlights Teo Seng Capital Berhad's performance and sustainability initiatives for the fiscal year 2020. Despite the challenges of the COVID-19 pandemic, the company maintained a daily production of 4 million eggs and expanded its operations with the commencement of its third central packing station (CPS 3) and third organic fertiliser plant. Teo Seng also advanced its green initiatives by installing solar photovoltaic systems across its farms and factories, generating 951 MWh of renewable energy in 2020. Financially, the company recorded a revenue of RM478.3 million, though profit before tax declined to RM10.8 million due to weak market demand and depressed egg prices.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
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