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Public company info - LKS Holding Group Limited , 08415.HK

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LKS Holding Group Limited, 08415.HK - Company Profile
Chairman WONG Wan Sze
Share Issued (share) 1,120,000,000
Par Currency Hong Kong Dollar
Par Value 0.01
Industry Construction & Decoration
Corporate Profile Business Summary: The Group is principally engaged in the provision of interior fittingout, renovation, alteration and addition works services and interior design services. Performance for the year: The revenue increased from approximately HK$165.7 million for the year ended 31 March 2017 to approximately HK$240.8 million for the year ended 31 March 2018, representing a growth of approximately HK$75.1 million or 45.3%. Gross profit of the Group increased by approximately 17.4% from approximately HK$38.6 million for the year ended 31 March 2017 to approximately HK$45.3 million for the year ended 31 March 2018. Profit and total comprehensive income for the year attributable to owners of the Company increased by approximately 66.1% from approximately HK$13.2 million for the year ended 31 March 2017 to approximately HK$21.9 million for the year ended 31 March 2018. Business Review: The Group is a main contractor capable of (i) interior fitting-out and renovation services; and (ii) alteration and addition (“A&A”) works for residential, industrial and commercial properties in Hong Kong. The Group has been running its business since 2005 and gained extensive experience and reputation in the industry. Ample Construction Company Limited (“Ample Construction”), the Company’s principal operating subsidiary for the contracting businesses, has been registered as the Registered General Building Contractor under the Building Authority since 2006 and is approved to carry out A&A works, including general building works and street works under the Buildings Ordinance. Ample Design Company Limited, the design department of the Group, provides interior design services to clients. The fitting-out and renovation services mainly include interior fitting-out and renovation works for shops and offices in commercial and industrial properties and residential premises. For A&A works, the scope of works is generally includes structural alterations, structural steel, signage works, building maintenance, refurbishment works and ground improvement. The Group experienced an increase in revenue and net profit for the year ended 31 March 2018 compared to the same period last year. The Directors consider that the increase was mainly due to an increase in number of contracting projects undertaken by the Group during the year. Prospects: Looking forward, the Directors consider that the future opportunities and challenges which the Group faces will be affected by the development of the property market in Hong Kong as well as factors affecting labour costs and material costs. The Directors are of the view that the number of properties to be built and maintained in Hong Kong is the key driver for the growth of the A&A, interior fitting-out & renovation industry in Hong Kong. With the Group’s experienced management team and reputation in the market, the Directors consider that the Group is well-positioned to compete against its competitors and embrace future challenges that are commonly faced by all competitors.

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