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Public company info - Lumina Group Limited , 08470.HK

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Lumina Group Limited, 08470.HK - Company Profile
Chairman Fok Hau Fai
Share Issued (share) 600,000,000
Par Currency Hong Kong Dollar
Par Value 0.01
Industry Construction & Decoration
Corporate Profile Business Summary: The Company is an investment holding company and its subsidiaries are principally engaged in provision of fire safety services in Hong Kong. Performance for the year: Revenue increased from approximately HK$102.1 million for the year ended 31 March 2018 to approximately HK$120.8 million for the year ended 31 March 2019, representing an increase of approximately 18.3%. Gross profit increased from approximately HK$32.5 million for the year ended 31 March 2018 to approximately HK$39.0 million for the year ended 31 March 2019, representing an increase of approximately 20.0%. The overall gross profit margin slightly increased from approximately 31.8% for the year ended 31 March 2018 to approximately 32.3% for the year ended 31 March 2019. Profit and total comprehensive income for the year increased from approximately HK$11.4 million for the year ended 31 March 2018 to approximately HK$24.1 million for the year ended 31 March 2019, representing an increase of approximately 111.4%. Business Review: The Group is an established fire safety service provider in Hong Kong, focusing on building fire safety. The Group’s services cover the design, supply and installation of fire safety systems which include evacuation and electrical fire alarm systems, water and gas suppression systems and portable fire equipment for newly built and existing buildings. The Group also provides repair and maintenance services to fire safety systems to satisfy the requirements of the Fire Services Department, The Government of the Hong Kong Special Administrative Region. Since the Listing of the Group, the management has continuously consolidated and strengthened the reputation of the Group through delivering quality services and reliable solution to the Group’s customers in the fire services industry. The Group’s listing status enhanced the Group’s corporate profile and recognition that in turn reinforced the Group’s brand awareness and image in both the existing and potential customers. Prospects: Looking forward, the Directors consider that the future opportunities which the Group faces will be affected by the development of the commercial and residential buildings in Hong Kong. The Directors are of the view that the number of properties to be built or to be redeveloped in Hong Kong is the key driver to drive the demand for fire safety services in Hong Kong. The Group will continue to focus on strengthening its market position in the industry. Subsequent to the year ended 31 March 2019, the Group has secured new projects. Together with the ongoing projects in hand, the Group’s revenue could be sustained for the next year.

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