Ming Shing Group Holdings Ltd
ms100.com.hkWhat Do They Do?
Carries out plastering, tile laying and other wet-trades construction work as a subcontractor for Hong Kong construction contractors. Also buys and distributes whisky within Hong Kong to business customers.
20-F for FY2026, filed Aug 17, 2026We, through MSHKE and MSE, provide wet trades works services as a subcontractor in Hong Kong. For each of the fiscal years ended March 31…View ↗
Plastering works: applying plaster evenly on the surfaces of floors, walls and ceilings manually or with the use of our plaster spray…View ↗
Tile laying works: cutting and laying tiles on the surface of floors and walls;View ↗
To a lesser extent, we also engaged in trading of wines and spirits. For each of the fiscal years ended March 31, 2026, 2025 and 2024, our…View ↗
How Do They Make Money?
Construction contractors pay for wet-trades work through monthly progress payments based on work completed. Wine and spirits customers pay for products when shipped or delivered, with payment due less than a year later.
20-F for FY2026, filed Aug 17, 2026
$14.6M
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20-F for FY2026, filed Aug 17, 2026
$14.6M ↗
Who Are Their Customers?
Construction contractors in Hong Kong engage the company through project tenders; it sells wine and spirits business to business within Hong Kong.
20-F for FY2026, filed Aug 17, 2026Our customers mainly include construction contractors in Hong Kong. The number of customers with revenue contribution to us from…View ↗
We identify potential projects mainly through invitation for tender from customers, containing the tender documents. We receive, from time…View ↗
Our customers generally confirm our engagement by issuing a letter of award or entering into a formal contract with us.View ↗
To a lesser extent, we also engaged in trading of wines and spirits. For each of the fiscal years ended March 31, 2026, 2025 and 2024, our…View ↗
Do Revenues Turn Into Profits?
No. It lost $5.8M in FY2026.
20-F for FY2026, filed Aug 17, 2026
How Are They Changing?
Flat. Revenue was $14.6M in FY2026, about the same as the $14.4M of FY2022.
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