First Pacific Co Ltd 2021 AR2
The report highlights First Pacific Company Limited's record-high financial performance in 2021, marking its 40th anniversary with its strongest-ever earnings despite the ongoing COVID-19 pandemic. The company achieved record turnover of US$9.1 billion and a recurring profit of US$426.5 million, driven by improved contributions from all major investee companies, particularly Indofood and PLDT. In addition to financial success, the company celebrated its anniversary by dedicating special donations of approximately HK$3 million (US$384,615) to support vulnerable groups in Hong Kong, Indonesia, and the Philippines. First Pacific also advanced its ESG commitments, including PLDT's progress on a decarbonization program aiming for a 40% reduction in Scope 1 and 2 emissions by 2030.
Company: First Pacific Co Ltd
Sector: Finance & insurance
Country: Hong Kong
Year: 2021
Type: AR2
Pages: 228
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First Pacific Co Ltd
Annual Report
The report highlights First Pacific Company Limited's record-high financial performance in 2021, marking its 40th anniversary with its strongest-ever earnings despite the ongoing COVID-19 pandemic. The company achieved record turnover of US$9.1 billion and a recurring profit of US$426.5 million, driven by improved contributions from all major investee companies, particularly Indofood and PLDT. In addition to financial success, the company celebrated its anniversary by dedicating special donations of approximately HK$3 million (US$384,615) to support vulnerable groups in Hong Kong, Indonesia, and the Philippines. First Pacific also advanced its ESG commitments, including PLDT's progress on a decarbonization program aiming for a 40% reduction in Scope 1 and 2 emissions by 2030.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Employees