Prince Edward Road

Ching Lee Holdings (3728.HK) Wins in Adversity, Committed to Improving Cost Efficiency

Retrieved on: 
Monday, January 9, 2023
Construction, Policy, Attitude, The Group, Prince Edward Road

HONG KONG, Jan 9, 2023 - (ACN Newswire) - Ching Lee Holdings Limited "Ching Lee" or "The Group" (stock code 3728.HK) recorded over 20% increase in gross profit in the latest interim results ended 30 September 2022 benefiting from the total reinforcement of cost control.

Key Points: 
  • HONG KONG, Jan 9, 2023 - (ACN Newswire) - Ching Lee Holdings Limited "Ching Lee" or "The Group" (stock code 3728.HK) recorded over 20% increase in gross profit in the latest interim results ended 30 September 2022 benefiting from the total reinforcement of cost control.
  • Ching Lee has always taken a prudent attitude toward the Group's operations, actively strengthening project cost control and saving administrative and operating expenses.
  • Even during the difficult epidemic period, Ching Lee strives to fight against adversity and insists on bringing benefits to shareholders.
  • Two large-scale projects in Stanley and Tsim Sha Tsui were completed in 2022 and other projects will be completed continuously.

Grand Ming Group Holdings Limited Announces Interim Results for the Six Months Ended 30 September 2022

Retrieved on: 
Saturday, November 12, 2022
No, Sale, Grand Promenade, Target, Itech, Company, Board, Tsing Yi, 2022–23 UEFA Nations League, Review, Health, Town Planning Board, Group, Kai Tak Airport, Technology, The Group, Government, Telecommunication, Growth, New, FH, Cristallo, Compliance, Property management, Retail, Warehouse, Fanling, Prince Edward Road

HONG KONG, Nov 12, 2022 - (ACN Newswire) - Grand Ming Group Holdings Limited (the "Company" and together with its subsidiaries, the "Group", stock code: 1271.HK) today announces its interim results for the six months ended 30 September 2022 ("FH 2022/23").

Key Points: 
  • HONG KONG, Nov 12, 2022 - (ACN Newswire) - Grand Ming Group Holdings Limited (the "Company" and together with its subsidiaries, the "Group", stock code: 1271.HK) today announces its interim results for the six months ended 30 September 2022 ("FH 2022/23").
  • The Group's consolidated revenue increased by 7.4 times from HK$586.1 million for the six months ended 30 September 2021 ("FH 2021/22") to HK$4,920.1 million for FH 2022/23.
  • Handover of the pre-sold units to buyers subsequently commenced in April 2022, with revenue of HK$4.77 billion recognised during FH 2022/23.
  • About Grand Ming Group Holdings Limited (Stock code: 1271.HK)
    The Group is principally engaged in the business of building construction, property leasing and property development.

Ching Lee Holdings (3728.HK) earns HK$1.54 billion of total contract values

Retrieved on: 
Wednesday, August 17, 2022
Contract, Hong Kong Government Lunar New Year kau chim tradition, Acquisition, Sham Shui Po, Construction, History, Transport, Optimism, Industry, Soy Street, Central, COVID-19, Group, Prince Edward Road

HONG KONG, Aug 17, 2022 - (ACN Newswire) - Ching Lee Holdings Limited ("Ching Lee" or "The Group"(1), stock code 3728.HK) signed about ten contracts for construction projects with various property developers at the end of June this year.

Key Points: 
  • HONG KONG, Aug 17, 2022 - (ACN Newswire) - Ching Lee Holdings Limited ("Ching Lee" or "The Group"(1), stock code 3728.HK) signed about ten contracts for construction projects with various property developers at the end of June this year.
  • The accumulated unfinished contract values of approximately HK$1.54 billion marked a historic record of doubling from year on year and compared to the general period before the outbreak of COVID-19 in 2018, it was a 50% increase.
  • Despite the difficulties, Ching Lee did not retreat, but also swam upstream and achieved a great year.
  • Ching Lee has gradually and successfully transitioned from being a contractor to a developer through its experience and expertise in the construction industry.