Core Viewpoint - The company, ONEG, experienced a stock price increase of 7.47% on August 8, reaching $6.239 per share, with a total market capitalization of $81.1031 million. However, financial data indicates a decline in revenue and net profit for the fiscal year ending September 30, 2024, with total revenue of $28.736 million, a year-on-year decrease of 8.18%, and a net profit attributable to shareholders of $1.242 million, down 22.71% [1]. Company Overview - ONEG is a Cayman Islands-registered holding company, with its subsidiary operating as a steel structure contractor based in Hong Kong, focusing on the procurement and installation of steel structures for construction projects in the region [1]. - Since its establishment in 2021, the operating subsidiary has been functioning as a subcontractor, handling steel structure projects exclusively in Hong Kong, with all clients and suppliers located in the same region [1]. Industry Insights - Steel structures are essential components in the initial construction phase of commercial, residential buildings, and infrastructure, serving as the backbone of these projects [1]. - The role of the steel structure contractor includes supplying, cutting, bending, welding, and assembling steel frames, trusses, and other components according to the specifications provided by the general contractors [1]. - Key responsibilities of the operating subsidiary in construction projects encompass site preparation, detailed scheduling and work allocation, site engineering, and overseeing safety and quality management on-site [1].
一建筑上涨7.47%，报6.239美元/股，总市值8110.31万美元