Thriven Global Bhd 2016 AR2
The report outlines Thriven Global Berhad's financial and operational performance for the fiscal year 2016. The company achieved a revenue of RM66.97 million, representing an 18% increase from the previous year, driven by its Lumi Tropicana and Desa Aman projects. However, it recorded a pre-tax loss of RM16.59 million due to inventory write-downs and increased operational costs. On the sustainability front, the company integrated green building features in its developments, aiming for a GBI Gold rating for Lumi Tropicana, and maintained a commitment to ensuring at least 25% green space in all its projects.
Company: Thriven Global Bhd
Sector: Real Estate
Country: Malaysia
Year: 2016
Type: AR2
Pages: 176
Thriven Global Bhd
Annual Report
The report outlines Thriven Global Berhad's financial and operational performance for the fiscal year 2016. The company achieved a revenue of RM66.97 million, representing an 18% increase from the previous year, driven by its Lumi Tropicana and Desa Aman projects. However, it recorded a pre-tax loss of RM16.59 million due to inventory write-downs and increased operational costs. On the sustainability front, the company integrated green building features in its developments, aiming for a GBI Gold rating for Lumi Tropicana, and maintained a commitment to ensuring at least 25% green space in all its projects.
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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
Women on Board
Employees