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卓越商企服务(06989.HK):巩固商务物业领先地位 构建TO B双增长曲线

Excellent Commercial Enterprise Service (06989.HK): Consolidate the leading position of commercial property and build a TOB double growth curve

嘉和家業 ·  Apr 1, 2022 00:00  · Researches

Core views:

On March 28, 2022, Excellent Commercial Enterprise Service released its 2021 annual performance report. The advantages of business differentiation are remarkable.

As of December 31, 2021, the company's operating area was 41.2 million square meters, an increase of 29% over the same period in 2020; the contract area was 56.77 million square meters, an increase of 27% over the previous year.

During the reporting period, Excellent Commercial Enterprise Service achieved operating income of 3.47 billion yuan, an increase of 37.3% over the previous year; gross profit was about 960 million yuan, an increase of 44.6% over the previous year; the net profit of the mother was 50.0 million yuan, an increase of 57.0% over the same period in 2020; and the net interest rate was 15.8%, up 1.7 percentage points from the same period in 2020.

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