Safety Godown Co., Ltd.
HHKEX:2371.86
HKD
0.00
(0.00%)
ISIN
HK0000642089
Return %
Stock
S&P 500
1Y
-7.00
14.20
3Y
-7.92
81.12
5Y
-45.13
68.34
Capital Structure
HKD
•
in mil. unless spec.Working Capital
HKD
•
in mil. unless spec.Growth Rates
HKD
•
in mil. unless spec.Semi-annual Revenue
HKD
•
in mil. unless spec.Semi-annual Earnings Per Share
HKD
•
in mil. unless spec.Semi-annual Dividends Per Share
HKD
•
in mil. unless spec.Company Description
- CEO
- Wing Lu
- Full Time Employees
- 35
- Sector
- Finance
- Industry
- Real estate development
- Address
- Lu Plaza Hong Kong Hong Kong
- IPO Date
- Jan 9, 1973
- Website
- safetygodown.com
- Similar Companies
- Business
- Safety Godown Company, Limited (0237.HK) operates as an investment holding company primarily engaged in godown operations, property investment, and treasury investments in Hong Kong. The company provides warehouse and logistics services through its subsidiary Safety Logistics Services Limited, which manages a facility in Kwai Chung with approximately 420,000 square feet of gross floor area and a capacity of 20,000 cubic meters, offering digitized systems, dedicated docks, ISO 9001:2015-certified operations, and leasing of excess space to third parties; mini-storage solutions under the MyStorey brand adjacent to its logistics facility; and property leasing from its flagship Lu Plaza, a 430,000-square-foot commercial complex in Kwun Tong featuring modern offices, retail outlets, a business center, event space under The LU+ brand, and fitness facilities under Gym+. It also conducts securities trading and other investment activities within its treasury segment, serving logistics, import-export, and business clients primarily in the Hong Kong market. Founded in 1960 and listed on the Stock Exchange of Hong Kong in 1973, the company maintains its headquarters at Lu Plaza, Units 1305-1306, 13th Floor, 2 Wing Yip Street, Kwun Tong, Kowloon, Hong Kong, with a workforce of approximately 36 employees. Safety Godown focuses on the real estate services and operations sector, emphasizing steady rental income from godown and office spaces alongside financial investments, with all operations concentrated in Hong Kong. In recent developments, the company held its annual general meeting on August 15, 2025, releasing poll results and updating its articles of association in August 2025, while publishing its 2024/25 annual report and monthly equity movement returns through September 2025. It continues to report stable financial performance, with fiscal year 2025 revenue from property investment at HK$111 million, treasury investments at HK$83.86 million, and godown operations at HK$15.81 million, all derived from Hong Kong activities, and maintains a debt-free balance sheet with zero gearing ratio. The Lu Sin family holds a significant 49.1% stake, underscoring long-term continuity under executive leadership including Chairman Wing Yee Lu and Managing Director Wing Man Lu.