Pacific Online Ltd 2016 AR2
The report outlines Pacific Online Limited's performance for the fiscal year 2016, during which the company faced a challenging Chinese economy, resulting in an 11.1% decrease in revenue to RMB974.3 million and a 15.9% decrease in net profit to RMB151.2 million. To counter these market pressures, the company restructured, streamlined staff, and repositioned products, with its automobile portal PCauto remaining the main income earner. The company also published its Environmental, Social and Governance (ESG) Report, detailing its efforts in energy and water conservation, employee development, and maintaining high ethical standards.
Company: Pacific Online Ltd
Sector: Technology & telecommunications
Country: China
Year: 2016
Type: AR2
Pages: 123
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Pacific Online Ltd
Annual Report
The report outlines Pacific Online Limited's performance for the fiscal year 2016, during which the company faced a challenging Chinese economy, resulting in an 11.1% decrease in revenue to RMB974.3 million and a 15.9% decrease in net profit to RMB151.2 million. To counter these market pressures, the company restructured, streamlined staff, and repositioned products, with its automobile portal PCauto remaining the main income earner. The company also published its Environmental, Social and Governance (ESG) Report, detailing its efforts in energy and water conservation, employee development, and maintaining high ethical standards.
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Document Details
Report Year
2016
Reporting Period
Jan 1, 2016 - Dec 31, 2016
Fiscal Year
2016
Published
Mar 27, 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
Workplace Fatalities
Employees