The performance of Jinke service is expected to increase by more than 70% in 2021

Jinke Property Group Co.Ltd(000656) its property subsidiary – Jinke Intelligent Service Group Co., Ltd. (9666. HK, Jinke service) released the performance forecast for 2021 on March 11. After preliminary accounting by the financial department, it is expected that the unaudited comprehensive income, comprehensive pre tax profit, net profit during the period and net profit attributable to the parent company will increase significantly by more than 70% year-on-year as of December 31, 2021.

In 2020, Jinke service achieved an audited comprehensive income of 3.359 billion yuan, a comprehensive pre tax profit of 768 million yuan, a net profit of 633 million yuan and a net profit attributable to the parent company of 618 million yuan. The performance growth in 2021 mainly comes from the increase in the area under management of its property and the comprehensive increase in community value-added services and local living services.

It is understood that at the mid-term performance briefing in 2021, Jinke service officially proposed the strategic ecological layout of “SLCT” four business curves, namely spatial property service (s), community value-added service (L), local life service (c) and digital intelligence technology service (T). Through the in-depth collaborative empowerment between the curves, Jinke service can achieve sustainable and high-quality development.

According to Jinke service, in 2021, the company further accelerated its direct expansion in the field of property services and obtained many types of high-quality projects such as housing, hospitals, colleges and universities, commerce and industrial parks; At the same time, strengthen resource integration in the field of community value-added services, and greatly improve the C-end penetration and repurchase rate by providing high-quality products for high-quality customers; Add a new local life service curve, acquire Chongqing top 5 group meal enterprises and hotel companies, and further expand the high-end service and group meal coordination ability in the curve; Digital intelligence technology service curve continues to maintain the deep empowerment of S, l and C curves.

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