Company Profile For Shui On Construction and Materials Ltd

Shui On Construction and Materials Ltd (0983.HK) (Hong Kong Stock)

sector: Cyclical Consumer Goods & Services · industry: Homebuilding ·

As of 1:31pm IST

13.08HKD

Price Change

+0.04

Percent Change

+0.31%

Analyst Recommendations

Overview

Shui On Construction and Materials Limited (SOCAM) is an investment holding Company. The Company is engaged in construction and contracting, renovation and fitting out, manufacturing and sales of cement, property development and investment, asset management and investment holding. The Company operates in four segments: construction and building maintenance, cement operations, property development and asset management and others. The Company’s operations are located in Hong Kong and other regions in the People Republic of China. Its subsidiaries include Dynamic Mark Limited, P.D. (Contractors) Limited, Pacific Extend Limited, Pat Davie Limited, Pat Davie (Macau) Limited, Pat Davie (Shanghai) Company Limited and Panyu Dynamic Mark Steel and Aluminium Engineering Co. Ltd.

Quick Financial Synopsis

BRIEF: For the six months ended 30 June 2009, Shui On Construction & Materials Ltd.'s revenues increased 13% to HK$1.51B. Net income decreased 10% to HK$787M. Revenues reflects an increase income from Construction & building maintenance segment and the presence of income from Asset management & others business segment. Net income was offset by increased staff cost and presence of loss on disposal of jointly controlled entities.