Timberwell Berhad 2019 AR2
The report highlights Timberwell Berhad's operations and sustainability initiatives for the financial year ended December 31, 2019. Despite a challenging global timber market and a round logs export ban, the company achieved a profit after tax of RM6.0 million, supported by a fair value gain on biological assets of RM2.2 million. Timberwell Berhad maintained its commitment to sustainable forest management, receiving a Certificate of Compliance on the Timber Legality Assurance System for its licensed area. The company also commenced a preliminary audit for certification under the Malaysian Timber Certification Scheme and continued its social contributions to local communities.
Company: Timberwell Berhad
Sector: Agriculture, forestry & fishing
Country: Malaysia
Year: 2019
Type: AR2
Pages: 166
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Timberwell Berhad
Annual Report
The report highlights Timberwell Berhad's operations and sustainability initiatives for the financial year ended December 31, 2019. Despite a challenging global timber market and a round logs export ban, the company achieved a profit after tax of RM6.0 million, supported by a fair value gain on biological assets of RM2.2 million. Timberwell Berhad maintained its commitment to sustainable forest management, receiving a Certificate of Compliance on the Timber Legality Assurance System for its licensed area. The company also commenced a preliminary audit for certification under the Malaysian Timber Certification Scheme and continued its social contributions to local communities.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Published
Jun 19, 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
Women on Board
Employees