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光荣建筑控股有限公司(09998.HK)

Glory Construction Holdings Limited (09998.HK)

長雄證券 ·  Dec 24, 2019 00:00  · Researches

Summary of duties

It is the main contractor for the provision of building construction projects in Singapore, especially in the public sector. According to the report, it ranked fourth among Singapore's institutional contractors in terms of average institutional CONQUAS scores in 18 years, and has more than 30 years of buildings, including institutional buildings such as educational institutions, hospitals and hospitals, commercial buildings such as public housing and restaurants, and industrial and residential building construction projects. During the political years ending June 17, 18 and 19, most of the construction projects of public sector educational institutions were collected. Customers include Singapore government agencies and child care service providers. The construction projects of the collection can be broadly divided into categories, that is, new construction, and additional and alteration works. As the main contractor, most of the works are subcontracted to the subcontractor, and the supervision, subcontractor management and overall project management are supervised. On December 14, 1919, the collection had ten projects under construction, including five educational institution projects, a child care center project, a Chinese characters project, two hostel projects and a residential building project.

Thank you very much.

There is a good track record in the delivery of buildings and buildings to customers.

Collectors have long-term relationships with customers, suppliers and subcontractors, which are of vital importance to business development.

Negative factor

In each of the three years ended June 30, 2019, about 84.6%, 52.7% and 45.3% of the revenue from the collection came from the largest customers, and any significant reduction in projects approved by the cluster is likely to affect services, services and services.

The low demand for new building projects and ╱ or addition and alteration projects, especially for school projects in Singapore, may have a significant impact on the financial situation.

The purpose of the income

About 27.9% will be used to update new machines and equipment, upgrade and upgrade existing machines and equipment

About 39.5% is used to enhance technological capability and productivity by investing in new technologies.

About 23.6% of the initial capital requirements for some projects

About 8.5% is used for promotion and dynamic application.

About 0.4% is used for general financial assistance.

The translation is provided by third-party software.


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