- CEO
- Kwong Lo
- Full Time Employees
- 141
- Sector
- Industrial services
- Industry
- Engineering & construction
- Address
- China Shipbuilding Tower Hong Kong Hong Kong
- IPO Date
- Aug 14, 2020
- Business
- Chi Kan Holdings Limited (9913.HK), an investment holding company incorporated in the Cayman Islands in 2018 and listed on the Hong Kong Stock Exchange in 2020, provides formwork services and other construction services in Hong Kong; formwork services include conventional formwork built on-site using timber and plywood and prefabricated formwork using aluminum and steel modules; other construction services encompass plastering, curtain wall installation, and miscellaneous ancillary works; through its 51%-owned associate Baiyin Chi Kan Technology Development Company Limited, it operates an e-commerce business in the People's Republic of China offering over 500 types of products including selenium-rich agricultural products, nutritional supplements, daily necessities, and cosmetic and skin care products via private e-commerce platforms. Headquartered at Rooms 1008 and 1009, 10/F, China Shipbuilding Tower, 650 Cheung Sha Wan Road, Kowloon, Hong Kong, the company traces its origins to Chi Kan Woodworks Company Limited founded in 1989 and serves main contractors in Hong Kong's construction sector while targeting consumers in China's online retail market. For the fiscal year ended March 31, 2025, construction revenue declined to HK$876.9 million from HK$1,212.0 million amid fewer projects with 21 ongoing contracts totaling HK$265.5 million outstanding; e-commerce revenue rose sharply to HK$537.6 million from HK$326.8 million, boosting overall gross profit margin to 25.7% from 15.9%; the group recognized impairments of HK$16.1 million on contract assets and HK$4.9 million on trade receivables due to a main contractor's financial distress, resulting in a HK$7.7 million loss attributable to owners versus a HK$28.1 million profit the prior year; employee headcount fell to 204 from 1,118 as it shifts strategic focus toward e-commerce expansion.