Agritrade Resources Limited 2017 AR2
The report highlights Agritrade Resources Limited's financial and operational performance for the fiscal year ended March 31, 2017, showcasing its dual-growth strategy in coal mining and shipping. The company achieved a record annual coal production of approximately 5.0 million tonnes across its three operating mines in Indonesia, including the commencement of commercial operations at the Merge underground mine. In the shipping division, the fleet expanded to three Very Large Crude Carriers (VLCCs), securing stable earnings through long-term charter contracts. Additionally, the company diversified into renewable energy by investing in a biodiesel plant in Arkansas, USA, which commenced trial production in June 2017. The report also outlines the company's environmental and social initiatives, including waste management, water conservation, and community development programs.
Company: Agritrade Resources Limited
Sector: Mining & quarrying
Country: Singapore
Year: 2017
Type: AR2
Pages: 176
Back to company
Agritrade Resources Limited
Annual Report
The report highlights Agritrade Resources Limited's financial and operational performance for the fiscal year ended March 31, 2017, showcasing its dual-growth strategy in coal mining and shipping. The company achieved a record annual coal production of approximately 5.0 million tonnes across its three operating mines in Indonesia, including the commencement of commercial operations at the Merge underground mine. In the shipping division, the fleet expanded to three Very Large Crude Carriers (VLCCs), securing stable earnings through long-term charter contracts. Additionally, the company diversified into renewable energy by investing in a biodiesel plant in Arkansas, USA, which commenced trial production in June 2017. The report also outlines the company's environmental and social initiatives, including waste management, water conservation, and community development programs.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2017
Reporting Period
Apr 1, 2016 - Mar 31, 2017
Fiscal Year
2017
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Workplace Fatalities
Employees