Ceiba Investments Ltd 2021 AR2
The report outlines CEIBA Investments Limited's financial and operational performance for the year ended 31 December 2021, a period heavily impacted by the Covid-19 pandemic and Cuban monetary reforms. Despite these challenges, the company's commercial real estate joint venture, Inmobiliaria Monte Barreto S.A., achieved a record net income of US$15.6 million with occupancy levels remaining above 95%. Additionally, the company successfully closed a €25 million senior unsecured convertible bond issue to fund the ongoing construction of the Meliã Trinidad Península Hotel and other logistics projects. CEIBA also advanced its Environmental, Social, and Governance (ESG) strategy, aligning its future goals with Cuba's climate change commitments and the UN Sustainable Development Goals.
Company: Ceiba Investments Ltd
Sector: Financials
Country: Guernsey
Year: 2021
Type: AR2
Pages: 100
Ceiba Investments Ltd
Annual Report And Consolidated Financial Statements
The report outlines CEIBA Investments Limited's financial and operational performance for the year ended 31 December 2021, a period heavily impacted by the Covid-19 pandemic and Cuban monetary reforms. Despite these challenges, the company's commercial real estate joint venture, Inmobiliaria Monte Barreto S.A., achieved a record net income of US$15.6 million with occupancy levels remaining above 95%. Additionally, the company successfully closed a €25 million senior unsecured convertible bond issue to fund the ongoing construction of the Meliã Trinidad Península Hotel and other logistics projects. CEIBA also advanced its Environmental, Social, and Governance (ESG) strategy, aligning its future goals with Cuba's climate change commitments and the UN Sustainable Development Goals.
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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
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees