FGV HOLDINGS BERHAD | ANNUAL INTEGRATED REPORT 2023 41 OUR VALUE CREATION MODEL Financial & Capability Building New Growth Areas KEY OUTPUTS OUTCOMES CONSUMER PRODUCTS Information Technology Travel Marketing & Trading • Revenue RM19.36 billion • Dividend 3.0 sen per share was declared in 2023, translating to a dividend payout of RM109.4 million Consistently deliver returns for shareholders • FFB production 3.64 million MT • FFB yield 13.60 MT per Ha • Average oil palm age profile 12.77 years • 300 Ha of HCV area at Gerik, Perak Enhance operational excellence initiatives to optimise performance and integrate sustainability measures, fostering responsible business growth • FFB processed 12.69 million MT • CPO production 2.62 million MT • Oil Extraction Rate 20.68% • Oils & Fats sales volume 390,761 MT • Biodiesel sales volume 83,776 MT • Refined sugar sales volume 0.98 million MT • FGV launched a total of 15 SKUs under Saji, Bright Cow, Ladang 57, and Gula Prai brands Utilise every aspect of the value chain to achieve synergies and maximise returns on investments • FGV received multiple awards at the 34th International Invention, Innovation & Technology Exhibition 2023 (ITEX’23): i. Gold Award and Best Invention Award (Research Institutions) ii. Silver Awards for FGV QUICKCapt, FGV NGRo, and FGV Semantan Bamboo • Undertook two R&D studies focusing on value-added fertiliser and planting material with improved high oil yield Advance our market position in agriculture management practices, product innovation, and sustainability efforts • 281,109 training hours • Launched ‘L&D Reconnect’ platform Cultivate a workforce characterised by skillfulness, resilience, and well-being, fostering a deeply ingrained culture of continuous learning • Our palm oil is 100% Traceable to Mill and 99% Traceable to Plantation • Invested approximately RM392.6 million for sustainability initiatives • Allocated around RM2.6 million to various initiatives under Corporate Social Responsibility • Reimbursed recruitment fees totalling RM72.2 million to 20,153 active migrant workers • Received the ESG Positive Impact Awards in 2022 Ensure responsible labour practices while upholding our commitment to the socioeconomic advancement of the communities in which we operate Rubber Renewable Energy Development of Premium Sugar Products
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