In 2022, KPS Berhad implemented a series of tactical initiatives towards leading KPS Berhad to a strategic position. This includes enhancing business and operational fundamentals while accelerating and enhancing value creation across all subsidiary companies.
The tactical initiatives pave the way for KPS Berhad to stay its course towards realisation of its long-term strategic plans and progressing further. Plans have been developed in relation to markets served, the pace of change within those markets and the need to remain agile and nimble amidst a volatile, uncertain, complex, and ambiguous business environment.
For the financial year ended 31 December 2022 (“FY2022”), KPS Berhad has embarked on its inaugural Integrated Annual Report (“IAR2022”). Integrated reporting is an important and strategic approach to providing financial and non-financial disclosures that enable a more comprehensive perspective beyond financial and business performance. Through integrated reporting, linkages between financial and non-financial performance are more clearly illustrated and explained towards enabling readers to develop a thorough understanding of KPS Berhad’s approach to sustain value creation over the short, medium, and long-term perspectives.