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Tuesday, 2 March 2021, 6:23 am
HONG KONG, Mar 1, 2021 - (ACN Newswire) - On February 26,
2020, Broad Homes (02163.HK) released
its annual results announcement for 2020. In 2020, it
achieved total revenue of RMB2,613.9 billion, a year-on-year
decrease of 22.4%, gross profit of RMB926.8 million, a
year-on-year decrease of 19.0%, net profit of RMB216.4
million, a year-on-year decrease of 68.0%, and an increase
in gross profit margin from 34.0% in 2019 to 35.5% in
2020.
Broad Homes remarked that the decline in revenue
was on one hand attributable to delayed construction
progress of certain of its joint factories due to the
COVID-19 pandemic, and on the other, a decrease in gains
from loss of significant influence in associates by over 70%
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Broad Homes (02163.hk) to Intensify Its Leading Position Through Data-driven and Dual-driver Strategies
HONG KONG, Feb 26, 2021 - (ACN Newswire) - Recently, promotion policies of prefabricated buildings were rolled out in succession, contributing to an on-going increase in scale of industrial chain and positive industry sentiment. In particular, Broad Homes (02163.HK), one of the industry leaders, which has exploited the construction industrialization field for over two decades, is committed to consolidating its competitive edges and has delivered remarkable performance with CAGR (Compound Annual Growth Rate) of revenue reaching 32.36% for the last three years (2017-2019), market share (of PC unit manufacturing business) amounting 13.5% and research and development (R&D) expenses as a percentage of revenue accounting for 8.82%, both topping the industry.
Province s preferential policies aim to offer a design for change By ZHANG YI | China Daily | Updated: 2021-02-25 09:54 Share CLOSE
Growing numbers of designers and architects from Taiwan are engaged in rural renovation work in Fujian province.
That s because local authorities have taken the lead in rolling out policies to help them practice their skills across the Straits.
The strategy of rural revitalization and Supporting Fujian to explore integrated development across the Taiwan Straits (to use the official phrase) have both been included in the national development plan for the next five years.
The move is aimed at providing a broad space for cross-Straits cooperation in rural construction.