Sime Darby Plantation formulates 5-year strategy to drive growth, sustain market leadership

  • 📰 staronline
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 75%

Business News News

Business Business Latest News,Business Business Headlines

Its chairman said the strategy charter is underpinned by three strategic priorities: sustainability, operational excellence and innovation.

has formulated a strategy charter for 2023-2027 to drive the company’s growth and sustain its market leadership.

"These goals and targets during the timeframe include sustainable year-on-year profit after tax and minority interest growth, carbon emission reduction in line with net-zero commitment, operational excellence, 100 per cent traceable commodities and 100 per cent human rights risks managed,” he said in the company’s annual report shared with Bursa Malaysia today.

SDP announced several industry-leading initiatives last year, particularly in advanced mechanisation, automation and digitalisation of its upstream operations. "All of these would contribute to our aim for a man-to-land ratio of 1:17.5 hectares, doubling the efficiency of the current industry average of 1:8 hectares,” Megat Najmuddin said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in BUSİNESS

Business Business Latest News, Business Business Headlines