88IV - Public company info - i-Control Holdings Limited

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i-Control Holdings Limited, 08355.HK - Company Profile
Chairman	Zhong Naixiong
Share Issued (share)	1,000,000,000
Par Currency	Hong Kong Dollar
Par Value	0.01
Industry	System Applications & IT Consulting
Corporate Profile	Business Summary: The Company is engaged in investment holding while its principal subsidiaries are principally engaged in provision of multimedia audio-visual solutions and related system integration services. Performance for the year: The Group’s revenue increased by 17.1% from approximately HK$158,609,000 for the year ended 31 March 2018 to approximately HK$185,714,000 for the year ended 31 March 2019. Profit for the year increased from approximately HK$16,909,000 for the year ended 31 March 2018 to approximately HK$23,503,000 for the year ended 31 March 2019. BUSINESS REVIEW During the year, the Group maintained its market position as one of the leading service providers of video conferencing and multimedia audiovisual solutions, mainly in Hong Kong, and other geographical locations such as the PRC and Macau. The Group’s services can be divided into two lines, namely the provision of (i) solutions for audiovisual, conferencing, presentation and multimedia control systems, including installation services; and (ii) audiovisual system maintenance services. The Group continued to maintain and strengthen its position as one of the leading service providers of video conferencing and multimedia audiovisual solutions in Hong Kong and continued to expand its market share in the video conferencing and multimedia audiovisual solutions industry in the PRC. Prospects: As an established video conferencing and multimedia audiovisual solution provider in Hong Kong, the Group is committed to take the lead and equip ourselves with the latest technological knowledge to strengthen the Group's competitiveness. Leveraging the Group's position as one of the leading service providers of video conferencing and multimedia audiovisual solutions in Hong Kong, the Group is looking for business opportunities to further expand the Group’s market share in the video conferencing and multimedia audiovisual solutions industry in the People’s Republic of China (the “PRC”), especially the Greater Bay Area. After the opening of the Hong Kong-Zhuhai-Macao Bridge and Guangzhou-Shenzhen-Hong Kong Express Rail Link, economic activity in the Greater Bay Area is expected to rise. The Group will seize the opportunities to explore new business in the Greater Bay Area in order to support the Group's long-term development.

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