An overview of integration

Jisheng is a contractor set up in Singapore to organize engineering work and mud and water construction works. The structural works include reinforced concrete works (including reinforcement works, formwork construction and concrete works) and prefabricated installation works; mud and water construction works include stone construction works, approval and leveling works, shingle works and waterproofing works. Both public and private sector projects include the construction of hospitals and ground stations, while private sector projects include the construction of residential estates, public housing estates and data centres.

Negative factor

The main part of the collection revenue comes from the contract to accept the five major customers. in 2019, the five largest customers accounted for about 86.0% of the revenue, while the largest customer accounted for about 39.2% of the revenue in the same period. In the past, all items are contracted on an individual project basis, so the collection can ensure that the relationship or current level of responsibility can be maintained with its major customers in the future. Any significant reduction in the number of items or items that fail to capture the appropriate size from other customers may adversely affect their performance.