51 results
20-F
2024 FY
MSW
Ming Shing Group Holdings Ltd
26 Aug 24
Annual report (foreign)
1:41pm
For the years ended March 31, | Changes | |||||||||||||||
2024 | 2023 | Amount | % | |||||||||||||
US$ | US$ | US$ | ||||||||||||||
Revenue | ||||||||||||||||
Public | 11,488,228 | 6,307,454 | 5,180,774 | 82.1 | % | |||||||||||
Private | 16,084,464 | 15,560,766 | 523,698 | 3.4 | % | |||||||||||
Total revenue | 27,572,692 | 21,868,220 | 5,704,472 | 26.1 | % |
20-F
2024 FY
MSW
Ming Shing Group Holdings Ltd
26 Aug 24
Annual report (foreign)
1:41pm
For the years ended March 31, | Changes | |||||||||||||||
2024 | 2023 | Amount | % | |||||||||||||
US$ | US$ | |||||||||||||||
Cost of revenue | ||||||||||||||||
Subcontracting costs | 19,432,078 | 14,004,217 | 5,427,861 | 38.8 | % | |||||||||||
Material costs | 1,463,208 | 2,758,803 | (1,295,595) | (47.0 | )% | |||||||||||
Direct labor costs | 1,164,626 | 1,124,112 | 40,514 | 3.6 | % | |||||||||||
Overhead costs | 419,701 | 486,540 | (66,839) | (13.7 | )% | |||||||||||
Total cost of revenue | 22,479,613 | 18,373,672 | 4,105,941 | 22.3 | % |
20-F
2024 FY
MSW
Ming Shing Group Holdings Ltd
26 Aug 24
Annual report (foreign)
1:41pm
For the years ended March 31, | Changes | |||||||||||||||
2023 | 2022 | Amount | % | |||||||||||||
US$ | US$ | US$ | ||||||||||||||
Revenue | ||||||||||||||||
Public | 6,307,454 | 2,029,667 | 4,277,787 | 210.8 | % | |||||||||||
Private | 15,560,766 | 12,354,313 | 3,206,453 | 26.0 | % | |||||||||||
Total revenue | 21,868,220 | 14,383,980 | 7,484,240 | 52.0 | % |
20-F
2024 FY
MSW
Ming Shing Group Holdings Ltd
26 Aug 24
Annual report (foreign)
1:41pm
For the years ended March 31, | Changes | |||||||||||||||
2023 | 2022 | Amount | % | |||||||||||||
Public sector projects | ||||||||||||||||
Gross profit | US$ | 2,357,065 | US$ | 348,218 | US$ | 2,008,847 | 576.9 | % | ||||||||
Gross profit margin | 37.4 | % | 17.2 | % | 20.2 | % | ||||||||||
Private sector projects | ||||||||||||||||
Gross profit | US$ | 1,137,483 | US$ | 2,280,651 | US$ | (1,143,168) | (50.1 | )% | ||||||||
Gross profit margin | 7.3 | % | 18.5 | % | (11.2 | )% | ||||||||||
Total | ||||||||||||||||
Gross profit | US$ | 3,494,548 | US$ | 2,628,869 | US$ | 865,679 | 32.9 | % | ||||||||
Gross profit margin | 16.0 | % | 18.3 | % | (2.33 | )% |
20-F
2024 FY
MSW
Ming Shing Group Holdings Ltd
26 Aug 24
Annual report (foreign)
1:41pm
As of March 31, 2024 | ||||||||||||||||||||
USD | ||||||||||||||||||||
Repayment | Interest rate | Maturity Date | ||||||||||||||||||
terms | % | Available | Utilized | Unutilized | (dd/mm/yyyy) | |||||||||||||||
The Bank of East Asia, Limited – Term Loan 1 | Repay upon maturity | 5.97 | % | 110,769 | 110,769 | - | 20/01/2025 | |||||||||||||
The Bank of East Asia, Limited – Term Loan 2 | Repay upon maturity | 6.405 | % | 384,615 | 256,410 | 128,205 | 15/07/2024 | |||||||||||||
The Bank of East Asia, Limited – Revolving Loan 1 to 6 | Repay upon maturity | 6.405% To 7.025 | % | Limit up to USD 2,051,282 in aggregate | 2,051,282 | - | 03/05/2024 To 11/07/2024 | |||||||||||||
The Bank of East Asia, Limited – Installment Loan 1 | Monthly repay | 3.625 | % | 123,371 | 123,371 | - | 25/03/2032 | |||||||||||||
The Bank of East Asia, Limited – Installment Loan 2 | Monthly repay | 3.625 | % | 120,011 | 120,011 | - | 16/12/2032 | |||||||||||||
The Bank of East Asia, Limited – Installment Loan 3 | Monthly repay | 3.625 | % | 453,240 | 453,240 | - | 26/11/2031 | |||||||||||||
The Bank of East Asia, Limited – Installment Revolving Loan 4 | Monthly repay | 3.625 | % | 384,615 | 384,615 | 25/05/2033 | ||||||||||||||
The Bank of East Asia, Limited – Mortgage Loan 1 | Monthly repay | 4.775 | % | 327,298 | 327,298 | - | 28/08/2043 | |||||||||||||
The Bank of East Asia, Limited – Mortgage Loan 2 | Monthly repay | 4.775 | % | 327,298 | 327,298 | - | 28/08/2043 | |||||||||||||
The Bank of East Asia, Limited – Mortgage Loan 3 | Monthly repay | 4.775 | % | 562,694 | 562,694 | - | 28/02/2044 | |||||||||||||
The Hongkong and Shanghai Banking Corporation Limited – Installment Loan 1 | Monthly repay | 3.625 | % | 100,049 | 100,049 | - | 21/10/2030 | |||||||||||||
The Hongkong and Shanghai Banking Corporation Limited – Installment Loan 2 | Monthly repay | 3.625 | % | 371,018 | 371,018 | - | 25/05/2023 | |||||||||||||
The Hongkong and Shanghai Banking Corporation Limited – Installment Loan 3 | Monthly repay | 3.625 | % | 111,576 | 111,576 | - | 13/07/2031 | |||||||||||||
The Hongkong and Shanghai Banking Corporation Limited – Installment Loan 4 | Monthly repay | 3.625 | % | 381,598 | 381,598 | - | 15/02/2033 | |||||||||||||
DBS Bank (Hong Kong) Limited – Revolving Loan 1 to 4 | Repay upon maturity | 5.29 % To 6.80 | % | Limit up to USD696,795 in aggregate | 696,155 | 640 | 02/05/2024 To 11/06/2024 | |||||||||||||
DBS Bank (Hong Kong) Limited – Bank Overdraft | Repay on demand | LIBOR+1.2% | 512,821 | 474,852 | 37,969 | NA | ||||||||||||||
Total | 7,019,050 | 6,852,233 | 166,817 |
20-F
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26 Aug 24
Annual report (foreign)
1:41pm
20-F
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26 Aug 24
Annual report (foreign)
1:41pm
20-F
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26 Aug 24
Annual report (foreign)
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20-F
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26 Aug 24
Annual report (foreign)
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20-F
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26 Aug 24
Annual report (foreign)
1:41pm
20-F
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26 Aug 24
Annual report (foreign)
1:41pm
20-F
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26 Aug 24
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20-F
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26 Aug 24
Annual report (foreign)
1:41pm
20-F
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26 Aug 24
Annual report (foreign)
1:41pm
20-F
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26 Aug 24
Annual report (foreign)
1:41pm
20-F
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26 Aug 24
Annual report (foreign)
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20-F
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26 Aug 24
Annual report (foreign)
1:41pm
20-F
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26 Aug 24
Annual report (foreign)
1:41pm
20-F
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26 Aug 24
Annual report (foreign)
1:41pm
20-F
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26 Aug 24
Annual report (foreign)
1:41pm