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Broad Homes (02163.hk) Well-positioned For Revenue Of RMB4.92 Billion In 2021, An Expected Increase Of Over 80%

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

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. ....

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Broad Homes (02163.hk) to Intensify Its Leading Position Through Data-driven

Broad Homes (02163.hk) to Intensify Its Leading Position Through Data-driven and Dual-driver Strategies
BriefingWire.com, 2/26/2021 -
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. ....

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