Share This

Public company info - Trendzon Holdings Group Limited , 01865.HK

Input the stock code or the company name     Search  
 
 Profile   Information   Data   Financial Ratios   Profit Loss   Cash Flow   Balance   Earnings   Dividend 

Trendzon Holdings Group Limited, 01865.HK - Company Profile
Chairman Michael Shi Guan Wah、Feng Jiamin
Share Issued (share) 920,000,000
Par Currency Hong Kong Dollar
Par Value 0.01
Industry Infrastructure
Corporate Profile Business Summary: The Group is principally engaged in infrastructural pipeline construction and related engineering services mainly for gas, water, telecommunications and power industries services (the “Listing Businesses”). Performance for the year: Revenue of the Group has decreased by approximately S$2.9 million from S$30.2 million in FY2019 to S$27.3 million in FY2020. Profit and total comprehensive income for FY2020 increased by approximately S$0.9 million from S$0.7 million in FY2019 to S$1.6 million in FY2020. Business Review: The core business and revenue structure of the Group has remained unchanged for FY2020. The Group’s operations are located in Singapore and its revenue and profit from operations are solely derived from pipeline infrastructural services rendered within Singapore. The Group is actively involved as a main contractor in both private and public sector projects which include institutional, industrial, commercial and residential projects. The revenue was principally derived from pipeline project works for (i) gas pipeline projects; (ii) water pipeline projects; and (iii) cable installation projects. For FY2020, the Group recorded total revenue of approximately S$27.3 million, representing a decrease of approximately S$2.9 million from approximately S$30.2 million for FY2019. The decrease in revenue was mainly due to completion of 12 projects, with an aggregate contract sum of approximately S$66.9 million. During FY2020, the Group has been awarded three new gas projects, six new water projects and one new cable project with an aggregate contract sum of approximately S$21.7 million, most of which commenced in the second half of FY2020. Business strategies of the Group remained unchanged for FY2020. Since the listing of the Company, the management has continuously consolidated and strengthened the reputation of the Group through submission of tender invitation to keep its presence in the market. Leveraging its listing status, the Group’s core business continued to earn good reputation and provided the Group with sound track record for potential business opportunities. Subsequent to FY2020, the Group has secured new projects, together with the ongoing projects in hand, its revenue could be sustained for the next financial year. Prospects: Looking forward, the Group will continue to focus on strengthening the market position in the building and construction industry in Singapore. Leveraging the competitive advantages in terms of credibility and visibility in the pipeline engineering and construction industry upon listing of the Company, the Board expects that the Group is well-positioned for the challenges and competition ahead, and aims to deliver satisfactory return to shareholders.

Information from the financial statements of listed companies

Mobile | Full
Forum rule | About Us | Contact Info | Terms & Conditions | Privacy Statment | Disclaimer | Site Map
Copyright (C) 2024Suntek Computer Systems Limited. All rights reserved
Disclaimer : In the preparation of this website, 88iv endeavours to offer the most current, correct and clearly expressed information to the public. Nevertheless, inadvertent errors in information and in software may occur. In particular but without limiting anything here, 88iv disclaims any responsibility and accepts no liability (whether in tort, contract or otherwise) for any direct or indirect loss or damage arising from any inaccuracies, omissions or typographical errors that may be contained in this website. 88iv also does not warrant the accuracy, completeness, timeliness or fitness for purpose of the information contained in this website.