TPC Plus Bhd 2019 AR2
The report highlights TPC Plus Berhad's operations and financial performance for the fiscal year 2019, during which the company achieved a record egg production of approximately 506 million eggs, representing a 76% growth over five years. Despite a 15.20% increase in revenue to RM245.45 million, net profit after tax decreased by 36.64% to RM2.084 million, primarily due to a RM2.32 million impairment on trade receivables and tax rate revisions. The company continued its transition to closed-house farming systems to enhance biosecurity and mitigate agricultural risks. TPC Plus Berhad also conducted a comprehensive materiality assessment to align its economic, environmental, and social initiatives with stakeholder expectations.
Company: TPC Plus Bhd
Sector: Consumer Staples
Country: Malaysia
Year: 2019
Type: AR2
Pages: 116
TPC Plus Bhd
Annual Report
The report highlights TPC Plus Berhad's operations and financial performance for the fiscal year 2019, during which the company achieved a record egg production of approximately 506 million eggs, representing a 76% growth over five years. Despite a 15.20% increase in revenue to RM245.45 million, net profit after tax decreased by 36.64% to RM2.084 million, primarily due to a RM2.32 million impairment on trade receivables and tax rate revisions. The company continued its transition to closed-house farming systems to enhance biosecurity and mitigate agricultural risks. TPC Plus Berhad also conducted a comprehensive materiality assessment to align its economic, environmental, and social initiatives with stakeholder expectations.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Published
Apr 29, 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