United Malacca Bhd 2019 AR2
The report highlights United Malacca Berhad's performance and sustainability initiatives for the fiscal year ended April 30, 2019. Despite facing a challenging year with a pre-tax loss of RM48.9 million due to low crude palm oil and palm kernel prices, the company maintained its commitment to sustainable practices. Notably, all Malaysian estates and mills achieved MSPO certification, while Indonesian operations completed the ISPO final audit. The company also advanced its mechanisation efforts to mitigate labor shortages and continued its research collaboration with Universiti Putra Malaysia to develop pruning and harvesting mechanisms.
Company: United Malacca Bhd
Sector: Consumer Staples
Country: Malaysia
Year: 2019
Type: AR2
Pages: 230
United Malacca Bhd
Annual Report
The report highlights United Malacca Berhad's performance and sustainability initiatives for the fiscal year ended April 30, 2019. Despite facing a challenging year with a pre-tax loss of RM48.9 million due to low crude palm oil and palm kernel prices, the company maintained its commitment to sustainable practices. Notably, all Malaysian estates and mills achieved MSPO certification, while Indonesian operations completed the ISPO final audit. The company also advanced its mechanisation efforts to mitigate labor shortages and continued its research collaboration with Universiti Putra Malaysia to develop pruning and harvesting mechanisms.
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Document Details
Report Year
2019
Reporting Period
May 1, 2018 - Apr 30, 2019
Fiscal Year
2019
Published
Aug 1, 2019
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Water Consumption
Women on Board
Workplace Fatalities
Employees