Tex Cycle Technology (M) Bhd 2022 AR2
The report highlights Tex Cycle Technology (M) Berhad's financial and sustainability performance for the fiscal year 2022. The company achieved a revenue of RM 31.5 million and a profit after tax of RM 9.7 million, driven by the recovery of the national economy and expansion in its Recycling and Recovery Division. Key sustainability milestones include the installation of solar panels with a total capacity of 418.5 kWp, resulting in a 55% average savings in electricity costs. Additionally, the company expanded its renewable energy portfolio through joint ventures in solar, biogas, and waste-to-energy projects in Malaysia, Thailand, and the United Kingdom.
Company: Tex Cycle Technology (M) Bhd
Sector: Water & waste services
Country: Malaysia
Year: 2022
Type: AR2
Pages: 182
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Tex Cycle Technology (M) Bhd
Annual Report
The report highlights Tex Cycle Technology (M) Berhad's financial and sustainability performance for the fiscal year 2022. The company achieved a revenue of RM 31.5 million and a profit after tax of RM 9.7 million, driven by the recovery of the national economy and expansion in its Recycling and Recovery Division. Key sustainability milestones include the installation of solar panels with a total capacity of 418.5 kWp, resulting in a 55% average savings in electricity costs. Additionally, the company expanded its renewable energy portfolio through joint ventures in solar, biogas, and waste-to-energy projects in Malaysia, Thailand, and the United Kingdom.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women in Management