Perdana Petroleum Berhad 2020 AR2
The report highlights Perdana Petroleum Berhad's performance during the fiscal year 2020, which was heavily impacted by the COVID-19 pandemic and weak crude oil prices. Despite these challenges, the company improved its financial position and liquidity following a successful debt restructuring exercise in 2019, reducing its gearing ratio to 12.5%. The company's fleet achieved an annual vessel utilisation rate of 53%, with anchor handling tug supply vessels recording the highest utilisation at 60%. In terms of sustainability, the company identified seven key UN Sustainable Development Goals to support and continued its focus on workplace safety, environmental compliance, and corporate governance.
Company: Perdana Petroleum Berhad
Sector: Transport & logistics
Country: Malaysia
Year: 2020
Type: AR2
Pages: 182
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Perdana Petroleum Berhad
Annual Report
The report highlights Perdana Petroleum Berhad's performance during the fiscal year 2020, which was heavily impacted by the COVID-19 pandemic and weak crude oil prices. Despite these challenges, the company improved its financial position and liquidity following a successful debt restructuring exercise in 2019, reducing its gearing ratio to 12.5%. The company's fleet achieved an annual vessel utilisation rate of 53%, with anchor handling tug supply vessels recording the highest utilisation at 60%. In terms of sustainability, the company identified seven key UN Sustainable Development Goals to support and continued its focus on workplace safety, environmental compliance, and corporate governance.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Published
Apr 28, 2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Water Consumption
Women on Board
Women in Management
Employees