United Palm Oil Industry PCL 2020 AR2
The report outlines the financial and operational performance of United Palm Oil Industry PLC for the fiscal year 2020. During the year, the company upgraded its conventional horizontal palm oil sterilizer system to an automatic vertical sterilizer system for 60 million Baht to improve production efficiency. Despite a fire incident in August 2020 that halted crude palm oil production for 82 days, the company achieved a net profit of 125.1 million Baht, recovering from a net loss in 2019 due to higher average selling prices of CPO and CPKO. Additionally, the company upgraded its Roundtable on Sustainable Palm Oil (RSPO) certification from Mass Balance to the Identity Preserved level, demonstrating its commitment to sustainable operations.
Company: United Palm Oil Industry PCL
Sector: Consumer Staples
Country: Thailand
Year: 2020
Type: AR2
Pages: 137
United Palm Oil Industry PCL
Annual Report
The report outlines the financial and operational performance of United Palm Oil Industry PLC for the fiscal year 2020. During the year, the company upgraded its conventional horizontal palm oil sterilizer system to an automatic vertical sterilizer system for 60 million Baht to improve production efficiency. Despite a fire incident in August 2020 that halted crude palm oil production for 82 days, the company achieved a net profit of 125.1 million Baht, recovering from a net loss in 2019 due to higher average selling prices of CPO and CPKO. Additionally, the company upgraded its Roundtable on Sustainable Palm Oil (RSPO) certification from Mass Balance to the Identity Preserved level, demonstrating its commitment to sustainable operations.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
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
Workplace Fatalities