UIE PLC 2023 AR2
The report highlights UIE's financial and operational performance for the fiscal year 2023, during which the company achieved a net profit of USD 120.6 million, a significant recovery from the net loss of USD 22.1 million in 2022. This performance was driven by record-high net profits from United Plantations Berhad (UP) and a substantial fair value increase in the Schörling investment. In terms of sustainability, UP achieved a 63% reduction in total greenhouse gas emissions per kilogram of refined oil from 2004 to 2023 and set a new target of a 66% reduction by 2030. Additionally, UP maintained 100% energy self-sufficiency at all its Malaysian mills and UniFuji refinery, utilizing 99.6% of its biomass residues.
Company: UIE PLC
Sector: Consumer Staples
Country: Malta
Year: 2023
Type: AR2
Pages: 123
UIE PLC
Annual Report
The report highlights UIE's financial and operational performance for the fiscal year 2023, during which the company achieved a net profit of USD 120.6 million, a significant recovery from the net loss of USD 22.1 million in 2022. This performance was driven by record-high net profits from United Plantations Berhad (UP) and a substantial fair value increase in the Schörling investment. In terms of sustainability, UP achieved a 63% reduction in total greenhouse gas emissions per kilogram of refined oil from 2004 to 2023 and set a new target of a 66% reduction by 2030. Additionally, UP maintained 100% energy self-sufficiency at all its Malaysian mills and UniFuji refinery, utilizing 99.6% of its biomass residues.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Published
Feb 29, 2024
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
Workplace Fatalities
Employees