Wasco Berhad Integrated Annual Report 2023

Chairman and Managing Director/ Group CEO’s Statement Navigating the Transition Our Valued Stakeholders, In the dynamic landscape of the energy sector, we, as leaders of Wasco Berhad (“Wasco” or “Group” or “Company”), recognise the significant paradigm shift facing companies in the energy industry. The global transition towards sustainable energy sources, alongside escalating environmental concerns and regulatory standards, mandates a strategic re-evaluation of conventional business models. To thrive in this transformative era, we must champion innovation, flexibility, and forward-thinking strategies to adeptly navigate the energy transition. Dato’ Seri Robert Tan Chung Meng Gian Carlo Maccagno Revenue RM2.6 billion year-on-year 10.1% Profit After Tax RM154.8 million year-on-year (more than tripled) 100% Profit Before Tax RM218.3 million year-on-year 100% Revenue RM260 billion year-on-year 10.1% Profit After Tax RM154.8 million year-on-year (more than tripled) XX% Profit Before Tax RM217.3 million year-on-year 100% 28 Integrated Annual Report 2023

RkJQdWJsaXNoZXIy NDgzMzc=