Refrigeration Electrical Engineering Corp 2021 AR2

The report highlights REE Corporation's performance and sustainability achievements for the fiscal year 2021. Despite the challenges of the COVID-19 pandemic, the Group achieved a consolidated revenue of VND 5,810 billion and a net profit after tax of VND 1,855 billion, driven by strong results in the energy segment. REE Group expanded its renewable energy portfolio by bringing three wind power projects with a total capacity of 102 MW into commercial operation and increasing its stake in Vinh Son - Song Hinh Hydropower JSC to 50.5%. Additionally, the company advanced its digital transformation by integrating Google Workspace and establishing an in-house tech arm, while continuing to align its operations with ESG principles and committing to Vietnam's 2050 net-zero target.

Company: Refrigeration Electrical Engineering Corp

Sector: Industrials

Country: Vietnam

Year: 2021

Type: AR2

Pages: 75

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Refrigeration Electrical Engineering Corp

Refrigeration Electrical Engineering Corp 2021 Annual Report

Annual Report

The report highlights REE Corporation's performance and sustainability achievements for the fiscal year 2021. Despite the challenges of the COVID-19 pandemic, the Group achieved a consolidated revenue of VND 5,810 billion and a net profit after tax of VND 1,855 billion, driven by strong results in the energy segment. REE Group expanded its renewable energy portfolio by bringing three wind power projects with a total capacity of 102 MW into commercial operation and increasing its stake in Vinh Son - Song Hinh Hydropower JSC to 50.5%. Additionally, the company advanced its digital transformation by integrating Google Workspace and establishing an in-house tech arm, while continuing to align its operations with ESG principles and committing to Vietnam's 2050 net-zero target.

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Document Details

Report Year

2021

Reporting Period

Jan 1, 2021 - Dec 31, 2021

Fiscal Year

2021

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

Assurance

Assurance Standard

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Energy Consumption

Water Consumption

Net Zero Target

Employees