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Public company info - Sound Global Ltd. , 00967.HK

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Sound Global Ltd., 00967.HK - Company Profile
Chairman Wen Yibo
Share Issued (share) 1,506,000,000
Par Currency Hong Kong Dollar
Par Value 0.0
Industry Water Supply
Corporate Profile Business Summary: The Company is an investment holding company. Its subsidiaries (together with the Company, collectively referred to as the “Group”) are mainly engaged in environmental construction related to water treatment, research and development of water treatment technologies, manufacturing of water treatment equipments, provision of services for technology consultation and construction, management and operation of wastewater projects and water supply. Performance for the year: The Group’s revenue increased by approximately RMB690.2 million or 16.8% from approximately RMB4,119.9 million in 2017 to approximately RMB4,810.1 million in 2018. Gross profit increased by approximately RMB432.6 million or 31.3% from approximately RMB1,383.5 million in 2017 to approximately RMB1,816.1 million in 2018. The gross profit margin increased by approximately 4.2% from approximately 33.6% in 2017 to approximately 37.8% in 2018. Business Review: The Group’s revenue increased by approximately RMB690.2 million or 16.8% from approximately RMB4,119.9 million in 2017 to approximately RMB4,810.1 million in 2018. Turnkey revenue increased by approximately RMB130.1 million or 4.3% from approximately RMB3,036.7 million in 2017 to RMB3,166.8 million in 2018.The Group continues to be awarded and is fulfilling its Engineering, Procurement and Construction (“EPC”) projects in PRC. External revenue from equipment fabrication segment decreased by approximately RMB44.3 million or 83.7% from approximately RMB52.9 million in 2017 to RMB8.6 million in 2018 as it further fulfils inter-segment sales. Revenue from O&M segment increased by approximately RMB604.4 million or 58.7% from approximately RMB1,030.3 million in 2017 to approximately RMB1,634.7 million in 2018. Revenue increased as more BOT projects started operation and projects that have been operating earlier are gradually stable. Prospects: Trading in the Company’s shares has been suspended from 9:00 a.m. on 13 April 2016 and will remain suspended until further notice.

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