China Lilang Ltd 2017 AR2
The report highlights China Lilang Limited's financial and operational performance for the fiscal year 2017, alongside its environmental, social, and governance initiatives. During the year, the company achieved a 13.2% increase in net profit to RMB 611.0 million, driven by its 'improving product quality without raising the price' strategy and retail channel upgrades. In its environmental efforts, the company transitioned from coal to natural gas for its boiler at the Wuli Plant, significantly reducing air emissions. Additionally, China Lilang continued its community support by donating RMB 8.4 million to various charitable organizations.
Company: China Lilang Ltd
Sector: Manufacturing
Country: China
Year: 2017
Type: AR2
Pages: 116
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China Lilang Ltd
Annual Report
The report highlights China Lilang Limited's financial and operational performance for the fiscal year 2017, alongside its environmental, social, and governance initiatives. During the year, the company achieved a 13.2% increase in net profit to RMB 611.0 million, driven by its 'improving product quality without raising the price' strategy and retail channel upgrades. In its environmental efforts, the company transitioned from coal to natural gas for its boiler at the Wuli Plant, significantly reducing air emissions. Additionally, China Lilang continued its community support by donating RMB 8.4 million to various charitable organizations.
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Document Details
Report Year
2017
Reporting Period
Jan 1, 2017 - Dec 31, 2017
Fiscal Year
2017
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Water Consumption
Workplace Fatalities
Employees