Ceiba Investments Ltd 2020 Annual Report with Sustainability Disclosures
The report outlines CEIBA Investments Limited's financial and operational performance for the fiscal year ended December 31, 2020, amidst the challenges of the COVID-19 pandemic. Despite a contraction in the Cuban tourism sector, the Miramar Trade Center achieved its most profitable year ever, registering a net income of US$14.4 million with occupancy levels remaining over 98%. The company also formalized its participation in a new multi-phase industrial logistics project in the Mariel Special Development Zone and successfully raised –25 million through a senior unsecured convertible bond issue in March 2021 to fund the completion of the Meli_x0000__x0010_a Trinidad Pen_x0000__x0010_nsula Hotel. Additionally, the report highlights the development of the company's formal Environmental, Social, and Governance (ESG) strategy.
Company: Ceiba Investments Ltd
Sector: Finance & insurance
Country: Guernsey
Year: 2020
Type: Annual Report with Sustainability Disclosures
Pages: 104
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Ceiba Investments Ltd
Annual Report And Consolidated Financial Statements
The report outlines CEIBA Investments Limited's financial and operational performance for the fiscal year ended December 31, 2020, amidst the challenges of the COVID-19 pandemic. Despite a contraction in the Cuban tourism sector, the Miramar Trade Center achieved its most profitable year ever, registering a net income of US$14.4 million with occupancy levels remaining over 98%. The company also formalized its participation in a new multi-phase industrial logistics project in the Mariel Special Development Zone and successfully raised –25 million through a senior unsecured convertible bond issue in March 2021 to fund the completion of the Meli_x0000__x0010_a Trinidad Pen_x0000__x0010_nsula Hotel. Additionally, the report highlights the development of the company's formal Environmental, Social, and Governance (ESG) strategy.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Published
Apr 27, 2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees