Thoresen Thai Agencies PCL 2010 AR2
The report highlights Thoresen Thai Agencies PLC's transition into a strategic investment company during the fiscal year 2010. Despite challenging market conditions, particularly for its subsidiary Mermaid Maritime, the company achieved consolidated net profits of Baht 795.57 million. Key developments included the acquisition of a stake in Petrolift Inc. and the expansion of its dry bulk fleet and subsea engineering services. The company also implemented its first Enterprise Resource Planning system phase and established a new Enterprise Risk Management framework to improve operational efficiency and control risks.
Company: Thoresen Thai Agencies PCL
Sector: Industrials
Country: Thailand
Year: 2010
Type: AR2
Pages: 229
Thoresen Thai Agencies PCL
Annual Report
The report highlights Thoresen Thai Agencies PLC's transition into a strategic investment company during the fiscal year 2010. Despite challenging market conditions, particularly for its subsidiary Mermaid Maritime, the company achieved consolidated net profits of Baht 795.57 million. Key developments included the acquisition of a stake in Petrolift Inc. and the expansion of its dry bulk fleet and subsea engineering services. The company also implemented its first Enterprise Resource Planning system phase and established a new Enterprise Risk Management framework to improve operational efficiency and control risks.
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Document Details
Report Year
2010
Reporting Period
Oct 1, 2009 - Sep 30, 2010
Fiscal Year
2010
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees