Tenth of Ramadan for Pharmaceutical Industries and Diagnostic Reagents (Rameda) SAE 2020 Annual Report with Sustainability Disclosures
The report highlights Rameda's performance and sustainability initiatives during the challenging year of 2020. Despite the COVID-19 pandemic, the company achieved a 7% year-on-year revenue growth to EGP 960.2 million and a 36% increase in net income to EGP 112.2 million, driven by portfolio optimization and the production of critical antiviral medicines like Remdesivir and Anviziram. On the environmental front, Rameda finalized a natural gas transition project to reduce diesel consumption by 2 million liters annually and initiated an in-house wastewater treatment station. Socially, the company maintained a zero lost-time injury frequency rate and expanded training through the Rameda Learning and Development Academy.
Company: Tenth of Ramadan for Pharmaceutical Industries and Diagnostic Reagents (Rameda) SAE
Sector: Manufacturing
Country: Egypt
Year: 2020
Type: Annual Report with Sustainability Disclosures
Pages: 85
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Tenth of Ramadan for Pharmaceutical Industries and Diagnostic Reagents (Rameda) SAE
Annual Report
The report highlights Rameda's performance and sustainability initiatives during the challenging year of 2020. Despite the COVID-19 pandemic, the company achieved a 7% year-on-year revenue growth to EGP 960.2 million and a 36% increase in net income to EGP 112.2 million, driven by portfolio optimization and the production of critical antiviral medicines like Remdesivir and Anviziram. On the environmental front, Rameda finalized a natural gas transition project to reduce diesel consumption by 2 million liters annually and initiated an in-house wastewater treatment station. Socially, the company maintained a zero lost-time injury frequency rate and expanded training through the Rameda Learning and Development Academy.
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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
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Employees