Gelonghui, March 15, 丨 First Service Holdings (02107.HK) announced that the company expects to record annual profit growth of no less than 30% for the year ended December 31, 2023 compared to the year ended December 31, 2022.
This increase was mainly due to (i) the increase in revenue from property management services due to an increase in the total construction area under management of the Group; (ii) enhanced cost control due to comprehensive and refined operation measures; and (iii) the expansion of the scale and profitability of community value-added services.