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OneConstruction Group Limited Announces Annual Financial Results for the Fiscal Year Ended March 31, 2025
Prnewswire· 2025-08-12 23:42
Core Viewpoint - OneConstruction Group Limited reported a decrease in revenue and net income for the fiscal year ended March 31, 2025, while highlighting its strong position in the public sector construction market and plans for future growth [1][8][13]. Financial Highlights - Revenue for FY2025 decreased by 16.2% to $53.2 million from $63.5 million in FY2024, with a 14.1% reduction in public sector revenue and a 27.3% decrease in private sector revenue [8]. - Gross profit for FY2025 was $3.9 million, down 11.9% from $4.4 million in FY2024, but gross profit margin increased by 0.4 percentage points to 7.4% [8]. - Net income for FY2025 fell to $0.9 million from $1.8 million in FY2024, primarily due to decreased profit from operations and increased finance costs [8]. - Cash position as of March 31, 2025, decreased to $0.7 million from $1.6 million as of March 31, 2024, driven by cash used in operating activities [8]. Operational Highlights - OneConstruction Group is recognized as a top service provider in the Hong Kong structural steelwork industry, offering customized solutions to meet client needs [3][4]. - The company is well-positioned for growth in the public sector, with construction expenditures expected to grow at a CAGR of 4.5% from 2025 to 2027 [5][6]. - The management team possesses substantial technical and operational expertise, enhancing the company's ability to respond to market demands [7]. Recent Developments - On January 2, 2025, OneConstruction Group closed its initial public offering, raising $7 million to fund future projects and bolster working capital [10]. - In February 2025, the company established an equity incentive plan, reserving 3,000,000 shares to attract and retain key personnel [12]. Outlook - The company aims to expand its market presence, particularly in the public sector, while focusing on operational efficiency and sustainable growth amid macroeconomic challenges [13].
OneConstruction Group Limited(ONEG) - Prospectus(update)
2025-04-07 10:59
As filed with the United States Securities and Exchange Commission on April 7, 2025. Registration Statement No. 333-286360 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO.1 TO Form F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 OneConstruction Group Limited (Exact name of registrant as specified in its charter) | Cayman Islands | 1520 | N/A | | --- | --- | --- | | (State or other jurisdiction of | (Primary Standard Industrial | (IRS Employer | | incorporatio ...
OneConstruction Group Limited(ONEG) - Prospectus
2025-04-03 16:06
As filed with the United States Securities and Exchange Commission on April 3, 2025. Registration Statement No. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 OneConstruction Group Limited (Exact name of registrant as specified in its charter) Cayman Islands 1520 N/A (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) (IRS Employer Identification Numbe ...
OneConstruction Group Limited(ONEG) - Prospectus(update)
2024-12-20 20:25
As filed with the United States Securities and Exchange Commission on December 20, 2024. Registration Statement No. 333-283186 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment No. 2 to Form F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 _____________________________ OneConstruction Group Limited (Exact name of registrant as specified in its charter) _____________________________ Cayman Islands 1520 Not Applicable (State or other jurisdiction of incorporation or ...
OneConstruction Group Limited(ONEG) - Prospectus(update)
2024-12-20 11:08
As filed with the United States Securities and Exchange Commission on December 19, 2024. Registration Statement No. 333-283186 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment No. 1 to Form F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 _____________________________ OneConstruction Group Limited (Exact name of registrant as specified in its charter) _____________________________ Cayman Islands 1520 Not Applicable (State or other jurisdiction of incorporation or ...
OneConstruction Group Limited(ONEG) - Prospectus
2024-11-13 11:33
As filed with the United States Securities and Exchange Commission on November 12, 2024. Registration Statement No. 333-[•] UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 _____________________________ OneConstruction Group Limited (IRS Employer Identification Number) Room 6808A, 68/F, Central Plaza, 18 Harbor Road, Wanchai, Hong Kong +852 2123 8400 (Address, including zip code, and telephone number, including area code ...