United Malacca Bhd 2020 AR2
The report highlights United Malacca Berhad's performance for the fiscal year ended April 30, 2020. The company achieved a pre-tax profit of RM8.3 million, which included a RM103.2 million gain from the sale of four plantation estates, offsetting a RM56.8 million impairment on bearer plants. FFB production rose marginally by 2% to 362,096 tonnes, driven by a 57% surge in Indonesian operations. The company advanced its sustainability agenda, with all Malaysian and Indonesian estates certified under MSPO and ISPO respectively, and expanded mechanization to reduce labor dependency.
Company: United Malacca Bhd
Sector: Consumer Staples
Country: Malaysia
Year: 2020
Type: AR2
Pages: 230
United Malacca Bhd
Annual Report
The report highlights United Malacca Berhad's performance for the fiscal year ended April 30, 2020. The company achieved a pre-tax profit of RM8.3 million, which included a RM103.2 million gain from the sale of four plantation estates, offsetting a RM56.8 million impairment on bearer plants. FFB production rose marginally by 2% to 362,096 tonnes, driven by a 57% surge in Indonesian operations. The company advanced its sustainability agenda, with all Malaysian and Indonesian estates certified under MSPO and ISPO respectively, and expanded mechanization to reduce labor dependency.
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Document Details
Report Year
2020
Reporting Period
May 1, 2019 - Apr 30, 2020
Fiscal Year
2020
Published
Aug 28, 2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Water Consumption
Workplace Fatalities
Employees