Core views:

On March 29, First Service Holdings announced its 2021 annual results. The scale of enterprise management increased dramatically during the year, and revenue grew steadily.

According to the performance announcement, during the reporting period, First Service Holdings achieved a contracted construction area of 74.02 million square meters, an increase of 98.4% over the previous year; the construction area under management was 52.06 million square meters, an increase of 172.9% over the previous year.

As of December 31, 2021, the company achieved revenue of 1,120 million yuan, an increase of 44.4% over the previous year; realized gross profit of 335 million yuan, an increase of 25.4% over the previous year.