Waterfront Philippines Inc 2020 AR2
The report highlights Waterfront Philippines, Inc.'s performance and resilience during the COVID-19 pandemic in 2020. Despite severe disruptions to the travel and tourism industry, the company implemented cost-efficiency measures, reducing consolidated costs by 47.86% and achieving a net income of PHP 683.47 million. Waterfront maintained its distribution channels, initiated a workforce vaccination program, and continued the reconstruction of the Waterfront Manila Hotel & Casino. Additionally, the company engaged in extensive community relief efforts, distributing food, personal protective equipment, and supporting local vaccination drives.
Company: Waterfront Philippines Inc
Sector: Consumer Discretionary
Country: Philippines
Year: 2020
Type: AR2
Pages: 180
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Waterfront Philippines Inc
Annual Report
The report highlights Waterfront Philippines, Inc.'s performance and resilience during the COVID-19 pandemic in 2020. Despite severe disruptions to the travel and tourism industry, the company implemented cost-efficiency measures, reducing consolidated costs by 47.86% and achieving a net income of PHP 683.47 million. Waterfront maintained its distribution channels, initiated a workforce vaccination program, and continued the reconstruction of the Waterfront Manila Hotel & Casino. Additionally, the company engaged in extensive community relief efforts, distributing food, personal protective equipment, and supporting local vaccination drives.
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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
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees