MacroAsia Corp 2012 AR2
The report highlights MacroAsia Corporation's performance and operations during the challenging fiscal year 2012. Despite achieving record-high consolidated service revenues of Php 1.60 billion, a 17% increase from 2011, the company reported a consolidated net loss of Php 181.5 million, primarily due to start-up costs of its associate Lufthansa Technik Philippines' A380 business and foreign exchange losses. On the sustainability front, the company continued its commitment to corporate social responsibility by supporting 66 scholars, funding classroom constructions, and planting 8,091 seedlings in Palawan. Additionally, MacroAsia Catering Services expanded its footprint by establishing a joint venture in Qatar.
Company: MacroAsia Corp
Sector: Transport & logistics
Country: Philippines
Year: 2012
Type: AR2
Pages: 57
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MacroAsia Corp
Annual Report
The report highlights MacroAsia Corporation's performance and operations during the challenging fiscal year 2012. Despite achieving record-high consolidated service revenues of Php 1.60 billion, a 17% increase from 2011, the company reported a consolidated net loss of Php 181.5 million, primarily due to start-up costs of its associate Lufthansa Technik Philippines' A380 business and foreign exchange losses. On the sustainability front, the company continued its commitment to corporate social responsibility by supporting 66 scholars, funding classroom constructions, and planting 8,091 seedlings in Palawan. Additionally, MacroAsia Catering Services expanded its footprint by establishing a joint venture in Qatar.
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Document Details
Report Year
2012
Reporting Period
Jan 1, 2012 - Dec 31, 2012
Fiscal Year
2012
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees