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Companies $MSGY
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Masonglory Ltd logo

Masonglory Ltd

masontech.com.hk

What Do They Do?

Provides plastering, tile laying and other wet-trades construction services as a subcontractor to building-project main contractors in Hong Kong.

How Do They Make Money?

Main contractors pay for construction work as it is carried out. The company applies for monthly interim payments, which are paid within 30 days after approval.

FY2026 revenue

Who Are Their Customers?

Main contractors on Hong Kong property development and civil engineering projects hire the company directly, usually through invitation-based tenders. Project owners include property developers and the Hong Kong government.

Do Revenues Turn Into Profits?

No. It lost $8M in FY2026.

Operating income, FY2026
−33% of revenue
▼ Now a loss vs FY2025 ($1.5M, 6%)
Net income, FY2026
−34% of revenue
▼ Now a loss vs FY2025 ($1.3M, 5%)
Free cash flow, FY2026
−25% of revenue

How Are They Changing?

Growing. Revenue grew 3.0x in 3 years, from $8M in FY2023 to $23.6M in FY2026, about 44% a year.

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