Summary of duties
The collection provides subcontractors with foundation works related services in Hong Kong, including ELS works, cap construction and demolition works, underground drainage works, earthworks and structural reinforcement works and other services. In addition, the market also rents machinery to third-party construction companies. In 2015, 2016, 2017 and the eight months ended November 2017, 13, 11, 12 and several projects were completed respectively. As at 14 May 2018, there were 32 agreements on the market, with a total value of HK $459 million.
Thank you very much.
The collection company provides services related to foundation works as a subcontractor with a long history and a good past.
Collect a variety of machinery and equipment to carry out services related to foundation works
Experience, wealth and dedicated investment in management, employment and direct labor
Negative factor
The revenue of the collection comes from non-routine foundation projects, and there is no guarantee that customers will provide new services to the collection or that they will be able to obtain new contracts.
The concentration of customers in the collection
The time-consuming and cost estimation of financial foundation projects will adversely affect the operating and operating costs of the collection.
The purpose of the income
About 61.5% is used to purchase foreign machines and equipment.
About 21.5% is used for hiring additional staff and providing staff training.
About 15.4% is used as a guarantee for the performance of the contract.
About 1.6% is used for general financial assistance.