Economic
KPS Berhad recognises the importance of maintaining strong financial and business performance in advancing the ESG agenda.
Our Commitment
Driving optimum business and operational performance towards maximising financial and non-financial value creation
Indirect Economic Values
2021RM’000 |
2022RM’000 |
2023RM’000 | |
---|---|---|---|
Economic Value Generated | 1,388,267 | 1,557,760 | 1,308,423 |
Economic Value Distributed | 1,354,067 | 1,529,278 | 1,315,816 |
Operating Cost | 1,022,536 | 1,165,890 | 979,486 |
Community Investment | 1,822 | 2,779 | 2,454 |
Total Payout to Employees in Salaries and Benefits | 252,727 | 252,280 | 257,423 |
Finance Costs (Repayment to Financiers) | 24,139 | 22,664 | 27,835 |
Corporate Taxation and Zakat | 24,039 | 32,503 | 21,903 |
Dividend Returns to Shareholders | 28,804 | 53,162 | 26,715 |
Group Procurement Data
2021 |
2022 |
2023 | |
---|---|---|---|
Total Procurement Spending (RM) | 249,158,107 | 353,591,658 | 462,444,736 |
Proportion of Spending on Local Suppliers (%) | 78 | 78 | 69 |
Percentage of Local Suppliers (%) | 79 | 79 | 85 |
Number of Suppliers Endorsed Anti-Bribery/ Anti-Corruption Policies (third party declaration) |
NA | NA | 825 |
Stringent Quality Control Procedures
KPS Berhad remains steadfast in its commitment to prioritising the quality of its products and services. The production of items and services that fulfil their intended purposes and positively impact stakeholders is a fundamental principle in the Group’s value creation strategy. Ensuring and enhancing product and service quality, to achieve exceptional customer satisfaction, are non-negotiable imperatives for the Group.