- CEO
- Yan Luk
- Full Time Employees
- 820
- Sector
- Non-energy minerals
- Industry
- Construction materials
- Address
- Cheong Wah Factory Building Hong Kong Hong Kong
- IPO Date
- Jan 7, 1987
- Business
- Luks Group (Vietnam Holdings) Company Limited Luks Group (Vietnam Holdings) Company Limited (0366.HK), an investment holding company incorporated in Bermuda in 2000 and founded in 1975, engages primarily in the manufacture and sale of cement products under the KIM DINH brand, including clinkers, to construction sites and retail markets in Vietnam, Hong Kong and Mainland China; property investment through ownership and rental of industrial, commercial and residential premises along with property management services, notably the Saigon Trade Center in Ho Chi Minh City; hotel operations, including the 298-room Pentahotel Hong Kong in Tuen Mun; property development, such as the Hue Plaza project featuring the upcoming LE CARRÉ HUE boutique hotel with 50 rooms and retail areas in Hue Province, Vietnam; and corporate activities encompassing the sale and trading of electronic products like printed circuit boards and components as well as plywood manufacturing. Headquartered at 5/F, Cheong Wah Factory Building, 39-41 Sheung Heung Road, To Kwa Wan, Kowloon, Hong Kong, the company operates across five segments—Cement Products, Property Investment, Hotel Operation, Property Development, and Corporate and Others—with principal activities in Vietnam supported by foreign direct investment and public infrastructure spending, Hong Kong for hospitality and rentals, and select China operations. As a subsidiary of Luks Family (PTC) Limited, it employs approximately 820-980 staff and maintains a diversified presence in building materials, real estate and hospitality sectors targeting construction firms, tenants, tourists and electronics traders. In recent developments, the company completed an equity buyback of 104,000 shares (0.02% of capital) under its September 2024 plan by May 2025, declared an interim dividend of HK2 cents per share for the half-year ended June 30, 2024, reported a narrower cement segment loss amid cost controls and prior impairments despite a 17% sales volume drop to 213,000 tons due to Vietnam's sluggish construction amid high interest rates and VND depreciation, sustained stable Saigon Trade Center occupancy at 80% with mild rental growth, advanced Hue Plaza toward operational launch in late 2024 or early 2025 leveraging Vietnam's tourism rebound of 60% international visitors, and noted ongoing property upgrades including potential Kowloon redevelopment while navigating hotel occupancy dips to 88.2% at Pentahotel from tourism shifts and strong HKD.