Core Viewpoint - The construction company ONEG has experienced a stock price increase of 3.69% on August 15, reaching $10.11 per share, with a total market capitalization of $16.2 million. However, financial results show a significant decline in revenue and net profit for the fiscal year ending March 31, 2025, indicating potential challenges ahead for the company [1]. Financial Performance - As of March 31, 2025, the total revenue of ONEG was $53.205 million, representing a year-on-year decrease of 16.16% [1]. - The net profit attributable to the parent company was $898,000, which reflects a substantial year-on-year decline of 49.24% [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 procurement and installation of steel structures for construction projects [1]. - Since its establishment in 2021, the operating subsidiary has primarily acted as a subcontractor for steel structure projects, conducting all business activities within Hong Kong, with all clients and suppliers located in the region [1]. Industry Context - Steel structures are essential components in the initial construction phase of commercial, residential, and infrastructure projects, serving as the backbone of these developments [1]. - The role of the steel structure contractor includes supplying, cutting, bending, welding, and assembling steel frames and trusses according to the specifications provided by general contractors [1].