Integrated Annual Report

Overview

The report highlights Velesto's 2024 recovery, with group revenue reaching RM1.36 billion and profit after tax RM208 million. Operational performance included 87% jack-up utilisation, 99% rig uptime, and zero fatalities, LTIs and major spills. Sustainability highlights included a further 6% decrease in emissions intensity, a cumulative 38% decline against the 2021 baseline, and 100% employee anti-corruption training. The Group also reported a 647-strong workforce and 7,264 training hours.

Document

Report type: Integrated Report
Class: Embedded
Scope: Extract
Fiscal year: 2024
Period: 1 January 2024 – 31 December 2024
Language: English
Pages
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GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP

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