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TBK&SONS HOLDINGS LIMITED(01960.HK)

TBK&SONS HOLDINGS LIMITED(01960.HK)

長雄證券 ·  Sep 16, 2019 00:00  · Researches

Summary of duties

Since the 1970s, he has undertaken civil and structural projects in the oil and natural industries in Laixi, and is a civil and structural contractor. In the Construction and Development Board, there are CE (Civil Engineering Construction), B (Building Engineering) and ME (Mechanical) Class G7 qualifications, which are the highest contractor's licenses under the Construction Development Board and enable the Cluster to undertake civil and structural works subject to restrictions on investment in the ╱ contract. In terms of revenue, the revenue of the collection for the year ended June 2018 accounted for about 1.7% of the civil engineering market share of the oil and natural gas industry in the lower reaches of West Asia since 2018.

The Consortium has participated in a number of civil and structural engineering projects, including national oil and natural gas companies owned by the previous Western government; international enterprise clusters for energy and infrastructure operations; and engineering, engineering, testing and contracting ("EPCC") contractors in the oil and nature industries.

Thank you very much.

A highly qualified contractor

Have the professional knowledge and ability to carry out civil and structural engineering for customers in the oil industry.

Establish strong relationships with key customers and service partners as well as subcontractors and suppliers

Negative factor

The collection is very focused on the largest and five largest customers.

Most of the revenue from the collection comes from PIPC projects, any transactions related to PIPC are diluted or lost, or failure to win new projects related to PIPC may adversely affect the performance and performance statement.

Obligations and operations are subject to social, political, controlled economic and legal development, as well as any changes in the policies of the Western governments in the future.

The purpose of the income

About 30.7% is used to finance the upfront expenditure of the new project.

About 10.2% is used as a performance guarantee for the development of a bank or an authorized issuer.

About 15.4% is used as the staff of the "big collection".

About 20.5% is used for augmentation machines and equipment.

About 15.4% is used for companies and services that the directors consider to be able to facilitate the development of strategic, effective and cooperative policies.

About 7.8% is used for general financial assistance.

The translation is provided by third-party software.


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