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RIMBACO GROUP GLOBAL LIMITED(1953.HK):新股快讯

RIMBACO GROUP GLOBAL LIMITED (1953.HK): new share Express

致富證券 ·  Apr 14, 2020 00:00  · Researches

An overview of integration

Jisheng is a modern western construction contractor for  (I) industrial (including low-end processing facilities and housing) and (ii) institutions, commercial and residential buildings (such as private hospitals, hotels, shops, high-rise residences). The market also undertakes minor supporting construction works, including renovation works, maintenance works and electrical works. According to the Xin Yong Strategy report, the total revenue of the five major general contractors in Western Asia in 2018 accounted for less than 8.0% of the total revenue from construction services.

Negative factor

The service of the collection is based on items. All revenue from the collection comes from the building service, and the collection of building projects contains different project specifications and categories. The development of such property needs may be affected by external factors, such as changes in customer preferences and overall market conditions. The customers of the collection generally appoint the collection according to the project, and collect and establish a long-term agreement with the customer. Therefore, the collection may not be able to pick up new items or find new customers in the future. Therefore, there may be significant differences in the number, types and patterns of items that the collection may employ from time to time.

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