Our Group’s operating segments are as follows:
(a) Oil & gas division: Pipe coating, pipe manufacturing for the oil and gas industry, building and operating offshore/onshore field development facilities and the provision of highly specialised equipment and services to the power generation, oleochemical and petrochemical industries.
(b) Renewable energy division: Supplier and manufacturer of specialised equipment for biomass power plants; such as industrial fans, boilers and turbines that run primarily on biomass fuels.
(c) Industrial trading & services division: Trading and distribution of building materials and the manufacturing and trading of industrial pipes for the construction industry.
(d) Others: All other units within the group that do not constitute a separately reportable segment.
| Financial Year Ended 31 December | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|
| 12 months (Actual) |
12 months (Actual) |
12 months (Actual) |
12 months (Actual) |
12 months (Actual) |
|
| Presented in RM'000 | |||||
| Malaysia | 542,253 | 565,209 | 669,929 | 679,975 | 896,636 |
| 37.94% | 40.11% | 26.64% | 22.96% | 35.98% | |
| South East Asia excluding Malaysia | 268,034 | 186,687 | 221,513 | 175,226 | 119,409 |
| 18.75% | 13.25% | 8.81% | 5.92% | 4.79% | |
| Australia | 130,919 | 157,486 | 178,014 | 159,485 | 154,556 |
| 9.16% | 11.18% | 7.08% | 5.39% | 6.20% | |
| China | 61,325 | 51,528 | 34,380 | 26,681 | 18,245 |
| 4.29% | 3.66% | 1.37% | 0.90% | 0.73% | |
| Middle East | 61,198 | 11,507 | 159,327 | 74,532 | 61,309 |
| 4.28% | 0.82% | 6.34% | 2.52% | 2.46% | |
| Africa | 96,785 | 29,125 | 30,106 | 6,582 | 19,477 |
| 6.77% | 2.07% | 1.20% | 0.22% | 0.78% | |
| Europe | 95,317 | 223,395 | 1,113,851 | 1,743,402 | 1,144,397 |
| 6.67% | 15.85% | 44.29% | 58.88% | 45.93% | |
| India | 1,615 | 1,504 | 4,158 | 2,624 | 8,584 |
| 0.11% | 0.11% | 0.17% | 0.09% | 0.34% | |
| East Asia | 4,375 | 17,613 | 16,015 | 28,183 | 12,209 |
| 0.31% | 1.25% | 0.64% | 0.95% | 0.49% | |
| Latin America | 8,810 | 16,242 | 10,634 | 16,371 | 14,132 |
| 0.62% | 1.15% | 0.42% | 0.55% | 0.57% | |
| Canada | 116,024 | 102,088 | 11,708 | 11,550 | 13,420 |
| 8.12% | 7.24% | 0.47% | 0.39% | 0.54% | |
| Others | 42,656 | 46,753 | 65,281 | 36,520 | 29,726 |
| 2.98% | 3.31% | 2.57% | 1.23% | 1.19% | |
| Total Revenue | 1,429,311 | 2,514,916 | 2,961,131 | 2,492,100 | 1,276,588 |