WASCO BERHAD 10 2024 KEY PERFORMANCE HIGHLIGHTS Revenue RM3.2 billion FY2023: RM2.6 billion Net Profit RM164.5 million FY2023: RM154.8 million Profit Before Tax RM221.1 million FY2023: RM218.3 million FINANCIAL PERFORMANCE SUSTAINABILITY PERFORMANCE BUSINESS PERFORMANCE Recognised as one of the region’s Top 500 companies in the 2024 Fortune 500 Southeast Asia list. Recorded a Lost Time Incident Rate (“LTIR”) of 0.05 for the year, well below the industry average of 0.24, in line with the Group’s target of maintaining 0 LTIR. A cumulative total of 1,764 turbine units have been sold over the years, creating sustained opportunities for Bioenergy Services through after-sales support. Successfully completed the 300th module at the Engineering and Fabrication Services facility in Batam, underscoring a strong commitment to quality, efficiency, and project delivery excellence. Inclusion in the FTSE4Good Bursa Malaysia (“F4GBM”) and FTSE4Good Bursa Malaysia Syariah (“F4GBMS”) indices underscore our commitment to high standards of environmental, social, and governance (“ESG”) practices. Launched ASEAN’s first Sustainable & Transition Finance Framework, supported by our inaugural USD25.0 million sustainability-linked loan.
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