Abu Dhabi Ports Co PJSC 2021 AR2
The report highlights AD Ports Group's transformative fiscal year 2021, marked by record financial performance with revenue increasing 14% to AED 3.910 billion and net profit more than doubling to AED 853 million. Key achievements include the distribution of over 210 million COVID-19 vaccine doses globally through the HOPE Consortium and the signing of a landmark 35-year concession agreement with CMA CGM. The Group also successfully issued its debut USD 1 billion 10-year bond and prepared for its subsequent public listing on the Abu Dhabi Securities Exchange in early 2022. Additionally, the company advanced its sustainability agenda by relocating coral colonies near Khalifa Port and signing agreements for green hydrogen and lithium battery facilities.
Company: Abu Dhabi Ports Co PJSC
Sector: Transport & logistics
Country: United Arab Emirates
Year: 2021
Type: AR2
Pages: 82
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Abu Dhabi Ports Co PJSC
Annual Report
The report highlights AD Ports Group's transformative fiscal year 2021, marked by record financial performance with revenue increasing 14% to AED 3.910 billion and net profit more than doubling to AED 853 million. Key achievements include the distribution of over 210 million COVID-19 vaccine doses globally through the HOPE Consortium and the signing of a landmark 35-year concession agreement with CMA CGM. The Group also successfully issued its debut USD 1 billion 10-year bond and prepared for its subsequent public listing on the Abu Dhabi Securities Exchange in early 2022. Additionally, the company advanced its sustainability agenda by relocating coral colonies near Khalifa Port and signing agreements for green hydrogen and lithium battery facilities.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
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