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FREP Ranked the 13th in Fujian Top 100 Enterprises of 2018


On November 17th, the “Fujian Top 100 Enterprises of 2018” jointly sponsored by Fujian Federation of Enterprises and Entrepreneurs, Fujian Daily and Fujian Radio and Television Group, was released. FREP ranked at the 13th on the list.

On behalf of the Company, vice president Mr. Nouraddin A. Yousuf attended the press conference for 2018 Fujian Top 100 Enterprises and received the plaque.

The Top 100 Enterprises evaluation mainly consider the comprehensive indicators such as “operating revenue, net profit, total assets, total tax payment”, etc., subject to operating revenue.

At the press conference, Mr. Liu Jieming, president of the Fujian Provincial Federation of Enterprises and Entrepreneurs, commented that the top 100 companies selected for this year had higher average indicators, with an average operating revenue of 28.339B RMB and average net profit of 1.898B RMB, average total assets of 114.997B RMB, average owner's equity of 16.521B RMB, average tax payment of 1.797B RMB, and the average headcount of employees of 9,724. Moreover, the selected companies had strong development capabilities.

The evaluation of “Fujian Top 100 Enterprises” aims to better demonstrate the outstanding achievements of Fujian enterprises in the 40 years after reform and opening up, encourage enterprises and entrepreneurs to promote the transformation of Fujian industry, improve business environment, and create in the whole society an atmosphere of “respecting, caring for and supporting entrepreneurs”. (Wu Xiaoxia)

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