Gulf Navigation Holding PJSC 2022 IR
The report outlines Gulf Navigation Holding PJSC's (GULFNAV) financial and sustainability performance for the fiscal year 2022. Key highlights include a positive corporate transformation, refinancing five petrochemical tankers under improved terms, and reducing financing costs by converting over 85 million dirhams of debt into shares. GULFNAV achieved a 13% increase in operating revenue to 137 million dirhams and maintained profitability. On the sustainability front, the company advanced its retrofitting program with energy-efficient technologies, achieved zero workplace fatalities and oil spills, and maintained a workforce with 18% female representation.
Company: Gulf Navigation Holding PJSC
Sector: Transport & logistics
Country: United Arab Emirates
Year: 2022
Type: IR
Pages: 91
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Gulf Navigation Holding PJSC
Integrated Report
The report outlines Gulf Navigation Holding PJSC's (GULFNAV) financial and sustainability performance for the fiscal year 2022. Key highlights include a positive corporate transformation, refinancing five petrochemical tankers under improved terms, and reducing financing costs by converting over 85 million dirhams of debt into shares. GULFNAV achieved a 13% increase in operating revenue to 137 million dirhams and maintained profitability. On the sustainability front, the company advanced its retrofitting program with energy-efficient technologies, achieved zero workplace fatalities and oil spills, and maintained a workforce with 18% female representation.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Workplace Fatalities