Yongxin Construction's Ongoing Projects Guarantee Growth for 2021 and 2022

Reported 7 months ago

As Yongxin Construction (5508), the leading stock in the construction sector, completes projects with a total sales value of 24 billion NTD, the company's performance is secured over the next two years. With a thriving housing market in Kaohsiung and strong market demand, Yongxin Construction is cautiously optimistic about its operations this year. The company's annual revenue reached 8.227 billion NTD, with a net profit of 2.729 billion NTD, the highest in its 37-year history. Yongxin Construction expects significant revenue from completed and upcoming projects, with a total estimated sales value of around 13 billion NTD, including new projects scheduled for completion in 2022.

Source: YAHOO

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