United Plantations Bhd 2024 AR2
The report highlights United Plantations Berhad's performance for the fiscal year 2024, during which the company achieved a record profit after tax of RM719 million, driven by higher commodity prices and optimized yields. The company's core business remains the cultivation of oil palm and coconuts, with a total landbank of approximately 62,500 hectares across Malaysia and Indonesia. In terms of sustainability, United Plantations maintained its high ranking in the SPOTT assessment, placing second globally and first in Southeast Asia. The company also continued its preparation for the EU Deforestation Regulation and strengthened its commitment to human rights through ethical recruitment procedures.
Company: United Plantations Bhd
Sector: Consumer Staples
Country: Malaysia
Year: 2024
Type: AR2
Pages: 33
United Plantations Bhd
Annual Report
The report highlights United Plantations Berhad's performance for the fiscal year 2024, during which the company achieved a record profit after tax of RM719 million, driven by higher commodity prices and optimized yields. The company's core business remains the cultivation of oil palm and coconuts, with a total landbank of approximately 62,500 hectares across Malaysia and Indonesia. In terms of sustainability, United Plantations maintained its high ranking in the SPOTT assessment, placing second globally and first in Southeast Asia. The company also continued its preparation for the EU Deforestation Regulation and strengthened its commitment to human rights through ethical recruitment procedures.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
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
Women on Board
Employees