Abu Dhabi Ship Building PJSC 2023 IR
The report highlights Abu Dhabi Ship Building's (ADSB) performance for the fiscal year 2023, during which the company achieved record-breaking revenues of AED 1.258 billion, representing a 91% increase from 2022. Net profit also surged by 97% to AED 40.4 million, driven by major contracts such as the EUR 1 billion export agreement with the Angolan Navy. On the sustainability front, ADSB continued its environmental stewardship by implementing a Waste Management and Reduction Plan and introducing electric vehicles and forklifts to reduce emissions. The company also maintained its commitment to social responsibility, achieving a 100% retention rate for employees taking parental leave and reducing workplace injuries to five.
Company: Abu Dhabi Ship Building PJSC
Sector: Manufacturing
Country: United Arab Emirates
Year: 2023
Type: IR
Pages: 162
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Abu Dhabi Ship Building PJSC
Integrated Report
The report highlights Abu Dhabi Ship Building's (ADSB) performance for the fiscal year 2023, during which the company achieved record-breaking revenues of AED 1.258 billion, representing a 91% increase from 2022. Net profit also surged by 97% to AED 40.4 million, driven by major contracts such as the EUR 1 billion export agreement with the Angolan Navy. On the sustainability front, ADSB continued its environmental stewardship by implementing a Waste Management and Reduction Plan and introducing electric vehicles and forklifts to reduce emissions. The company also maintained its commitment to social responsibility, achieving a 100% retention rate for employees taking parental leave and reducing workplace injuries to five.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Water Consumption
Women on Board
Net Zero Target
Employees