CSSC (Hong Kong) Shipping Co Ltd 2020 AR2
The report highlights CSSC (Hong Kong) Shipping Company Limited's performance in 2020, during which the company achieved a net profit of HK$1.114 billion, representing a 24.8% year-on-year growth. The company expanded its fleet to 136 vessels, with 90 in operation and 46 under construction, maintaining a 100% asset utilization rate. Notably, clean energy assets reached USD 930 million, accounting for 31% of total shipping assets, with the delivery of 13 clean energy ships. Additionally, the company successfully issued USD 800 million in bonds to optimize its debt structure and reduce financing costs.
Company: CSSC (Hong Kong) Shipping Co Ltd
Sector: Business support services
Country: Hong Kong
Year: 2020
Type: AR2
Pages: 226
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CSSC (Hong Kong) Shipping Co Ltd
Annual Report
The report highlights CSSC (Hong Kong) Shipping Company Limited's performance in 2020, during which the company achieved a net profit of HK$1.114 billion, representing a 24.8% year-on-year growth. The company expanded its fleet to 136 vessels, with 90 in operation and 46 under construction, maintaining a 100% asset utilization rate. Notably, clean energy assets reached USD 930 million, accounting for 31% of total shipping assets, with the delivery of 13 clean energy ships. Additionally, the company successfully issued USD 800 million in bonds to optimize its debt structure and reduce financing costs.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Water Consumption
Workplace Fatalities
Employees