Annual Report

Overview

The report presents UPAC's 2020 performance amid COVID-19 disruption, including a 49% decline in full-year revenue to KD 6.73M and a net loss of KD 3.27M. It highlights continuing operations and digital-service improvements at Kuwait International Airport, while Reem Mall construction exceeded 75% completion by December 2020. Community initiatives included tree planting with 33 company volunteers and support for regional relief and health efforts.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2020
Period: 1 January 2020 – 31 December 2020
Publication date: 29 March 2021
Language: English
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