Reported 10 months ago
Chairman of Sakura Construction, Chen Shiying, anticipates better operational performance this year compared to last year despite some project deferrals. With nine projects scheduled for completion with a total sales amount of around 15.5 billion NT dollars, all have been sold out. Additionally, Sakura Construction will launch nine new projects across Taiwan starting from May, with a total sales amount expected to reach 23.4 billion NT dollars. The company aims to exceed last year's revenue and profit levels with a target revenue between 8 to 10 billion NT dollars. Notably, the company faced delays due to labor shortages last year. Looking ahead, they foresee a resilient housing market and plan to focus on smaller units to cater to first-time buyers, with 2-bedroom units expected to make up over 60% of their offerings.
Source: YAHOO