Vibrant Group Ltd 2020 AR2
The report outlines Vibrant Group Limited's performance and strategic initiatives for the fiscal year ended April 30, 2020. Despite challenges from the COVID-19 pandemic and geopolitical tensions, the company achieved a net profit of $5.5 million and an EBITDA of $63.2 million. Key highlights include the completion of the sale and leaseback of the Jurong Island Chemical Hub (121 Banyan Drive) for $227.5 million, yielding a one-off gain of $41.3 million. The Group also acquired the remaining 49% of LTH Logistics (Singapore) Pte Ltd and Shentoncil Pte Ltd, gaining full control of these entities. Looking ahead, the company plans to focus on upskilling employees and leveraging digitalization to enhance business resilience.
Company: Vibrant Group Ltd
Sector: Transport & logistics
Country: Singapore
Year: 2020
Type: AR2
Pages: 160
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Vibrant Group Ltd
Annual Report
The report outlines Vibrant Group Limited's performance and strategic initiatives for the fiscal year ended April 30, 2020. Despite challenges from the COVID-19 pandemic and geopolitical tensions, the company achieved a net profit of $5.5 million and an EBITDA of $63.2 million. Key highlights include the completion of the sale and leaseback of the Jurong Island Chemical Hub (121 Banyan Drive) for $227.5 million, yielding a one-off gain of $41.3 million. The Group also acquired the remaining 49% of LTH Logistics (Singapore) Pte Ltd and Shentoncil Pte Ltd, gaining full control of these entities. Looking ahead, the company plans to focus on upskilling employees and leveraging digitalization to enhance business resilience.
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Document Details
Report Year
2020
Reporting Period
May 1, 2019 - Apr 30, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
No data available