News summary
Zhejiang Mida announcement showsthewheelgameshow, new homes contribute about 90% of revenue, but the old kitchen renovation market is growing rapidly.
Newsletter text
Zhejiang Meida revealed institutional research results: New home sales dominate, and the trend of upgrading is increasing
Recently, Zhejiang Meida pointed out in an institutional survey that the company's current operating income mainly comes from the new housing market, accounting for about 90% of the total. However, the company also observed that thanks to the early launch of products and high consumer recognition of the company's products and brands, the share of old house renovation and kitchen renovation business is continuing to increase, showing a year-on-year growth trend.
