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Public company info - Gain Plus Holdings Limited , 08522.HK
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Gain Plus Holdings Limited, 08522.HK - Company Profile
Chairman Tsang Chiu Kwan
Share Issued (share) 372,000,000
Par Currency Hong Kong Dollar
Par Value 0.01
Industry Construction & Decoration
Corporate Profile Business Summary: The Company acts as an investment holding company and its subsidiaries are principally engaged in the provision of building construction services and repair, maintenance, addition and alteration services (‘‘RMAA Services’’). Performance for the year: The Group’s revenue increased from approximately HK$527.1 million for the year ended 31 March 2018 to approximately HK$878.8 million for the Year. The Group’s gross profit increased from approximately HK$41.9 million for the year ended 31 March 2018 to approximately HK$62.3 million for the Year. The Group’s gross profit margin decreased from approximately 8.0% for the year ended 31 March 2018 to approximately 7.1% for the Year. The Group’s net profit increased from approximately HK$9.7 million for the year ended 31 March 2018 to approximately HK$38.3 million for the Year. Business Review: The Group is an established construction contractor in Hong Kong founded in 2004, principally engaged in subcontracting works providing RMAA Services and building construction services. The Group’s RMAA Services include general upkeep, restoration and improvement of existing facilities and components of buildings and their surroundings; and the Group’s building construction services primarily consist of building works and civil works for new buildings such as columbarium blocks, demolition of staff quarters, road enhancement works and lift tower. Prospects: Looking forward, the Directors consider that the future opportunities and challenges which the Group face will be affected by the availability of construction projects from the public and private sectors in Hong Kong. With the Group’s reputation in the Hong Kong construction industry, long-term relationship with certain major customers, suppliers and subcontractors, and the experienced and professional management team, the Directors consider that the Group is well-positioned to compete against its competitors under future challenges that are commonly faced by all competitors. The Group will continue to strengthen the market position in the industry and expand the market share and further strengthen the Group’s manpower by utilising the net proceeds from the listing of shares of the Company on GEM of the Stock Exchange (the ‘‘Listing’’). The Group is positive about the prospects of the construction market and will continue to focus on the Group’s core business. The Group will further develop private sectors, seek for appropriate projects that cope with the strategy of the Group.

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