Summary is AI-generated, newsdesk-reviewed
  • DNAKE ranks among 2021 Best 10 Performers in China Real Estate Suppliers.
  • DNAKE reports 80.68% profit increase in Q1 2021, showcasing strong profitability.
  • DNAKE focuses on smart living solutions, enhancing brand and technology.

On 27 May 2021, the "2021 China Real Estate and Property Management Serviced Listed Companies Appraisal Results Conference" took place in Shenzhen. This event, hosted by the China Real Estate Association and backed by the China Real Estate Evaluation Centre of Shanghai E-House Real Estate Research Institute, unveiled the rankings of distinguished companies in the real estate sector for their contributions and performance.

A noteworthy mention was DNAKE, recognised on the list of the 2021 Best 10 for Performance of China Real Estate Suppliers.

Industry Participation and Evaluation

The conference, a significant annual event for the past 14 years, evaluates companies across dimensions such as market performance, operational scale, solvency, profitability, growth, efficiency, social responsibility, and innovation capability.

DNAKE's Deputy General Manager, Mr Hou Hongqiang, attended alongside industry experts, scholars, and financial institution representatives, emphasising the importance of these evaluations in assessing real estate companies' comprehensive strength.

Financial Performance of DNAKE

DNAKE's recent performance has been solid, as demonstrated by its financial figures

DNAKE's recent performance has been solid, as demonstrated by its financial figures. The net profit attributable to shareholders for 2020 was reported at RMB154,321,800, showing a 22% increase compared to the previous year. 

Entering its second year as a listed entity, DNAKE's inclusion among the top-performing real estate suppliers underscores its financial robustness and effective strategic planning.

Q1 2021 Profitability Insights

In the first quarter of 2021, DNAKE reported a net profit of RMB22,271,500, marking an impressive 80.68% rise from the same period in the previous year. This growth highlights DNAKE’s increasing profitability and successful navigation of market conditions.

Future Strategic Directions

Moving forward, DNAKE aims to continue its trajectory of strategic initiatives focusing on broadening channels, advancing technology, and enhancing brand and management excellence. The company is committed to creating a "safe, comfortable, healthy, and convenient" living environment through innovative solutions in video intercoms, smart home systems, healthcare, traffic management, and more.

Through meticulous management and strategic investments, DNAKE plans to sustain its rapid growth and continually enhance customer value.

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