Kuwait and Gulf Link Transport Co KPSC 2023 AR2
The report outlines Kuwait and Gulf Link Transport Company's financial and operational performance for the fiscal year 2023, alongside its corporate governance and social responsibility initiatives. Financially, the company recorded operating revenues of KD 110,518,747, representing a 1.39% increase from 2022, but faced net losses of KD 14,816,976 due to rising financing costs and provisions. On the sustainability front, the company focused on corporate social responsibility, including national manpower training, environmental protection campaigns, and community sponsorships such as the Arab Masters Tennis Tournament and show jumping events. Additionally, the company implemented health programs like 'Health Check Day' for its blue-collar workers and provided fire safety training to the Kuwait Fire Force.
Company: Kuwait and Gulf Link Transport Co KPSC
Sector: Transport & logistics
Country: Kuwait
Year: 2023
Type: AR2
Pages: 89
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Kuwait and Gulf Link Transport Co KPSC
Annual Report
The report outlines Kuwait and Gulf Link Transport Company's financial and operational performance for the fiscal year 2023, alongside its corporate governance and social responsibility initiatives. Financially, the company recorded operating revenues of KD 110,518,747, representing a 1.39% increase from 2022, but faced net losses of KD 14,816,976 due to rising financing costs and provisions. On the sustainability front, the company focused on corporate social responsibility, including national manpower training, environmental protection campaigns, and community sponsorships such as the Arab Masters Tennis Tournament and show jumping events. Additionally, the company implemented health programs like 'Health Check Day' for its blue-collar workers and provided fire safety training to the Kuwait Fire Force.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
No data available