PT Wintermar Offshore Marine Tbk 2020 AR2
The report highlights PT Wintermar Offshore Marine Tbk's performance and activities during its Golden Jubilee in 2020, amidst the challenges of the COVID-19 pandemic. Despite a 23% decline in revenue to USD 43.4 million, the company successfully turned a gross profit of USD 1.1 million through stringent cost control and fleet streamlining. Wintermar achieved ISO 45001:2018 certification for occupational health and safety and maintained its commitment to sustainability by reducing paper, electricity, and vessel fuel usage. The company also successfully rescheduled USD 29 million of debt to extend maturities to 2025, ensuring financial resilience.
Company: PT Wintermar Offshore Marine Tbk
Sector: Energy
Country: Indonesia
Year: 2020
Type: AR2
Pages: 115
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PT Wintermar Offshore Marine Tbk
Annual Report
The report highlights PT Wintermar Offshore Marine Tbk's performance and activities during its Golden Jubilee in 2020, amidst the challenges of the COVID-19 pandemic. Despite a 23% decline in revenue to USD 43.4 million, the company successfully turned a gross profit of USD 1.1 million through stringent cost control and fleet streamlining. Wintermar achieved ISO 45001:2018 certification for occupational health and safety and maintained its commitment to sustainability by reducing paper, electricity, and vessel fuel usage. The company also successfully rescheduled USD 29 million of debt to extend maturities to 2025, ensuring financial resilience.
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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, Indonesian
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Workplace Fatalities
Employees