New Risk • Jul 20
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: HK$75.6m (US$9.64m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (HK$75.6m market cap, or US$9.64m). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Reported Earnings • Jul 03
Full year 2026 earnings released: EPS: HK$67.76 (vs HK$0.13 in FY 2025) Full year 2026 results: EPS: HK$67.76 (up from HK$0.13 in FY 2025). Revenue: HK$835.0m (down 5.2% from FY 2025). Net income: HK$56.9m (up 420% from FY 2025). Profit margin: 6.8% (up from 1.2% in FY 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 194% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. New Risk • Jul 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported September 2025 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (HK$87.4m market cap, or US$11.1m). Announcement • Jun 26
Sam Woo Construction Group Limited, Annual General Meeting, Sep 15, 2026 Sam Woo Construction Group Limited, Annual General Meeting, Sep 15, 2026. New Risk • Jun 15
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported September 2025 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (HK$108.4m market cap, or US$13.8m). Announcement • Jun 09
Sam Woo Construction Group Limited to Report Fiscal Year 2026 Results on Jun 25, 2026 Sam Woo Construction Group Limited announced that they will report fiscal year 2026 results on Jun 25, 2026 Valuation Update With 7 Day Price Move • May 28
Investor sentiment improves as stock rises 30% After last week's 30% share price gain to HK$1.35, the stock trades at a trailing P/E ratio of 2.1x. Average trailing P/E is 12x in the Construction industry in Hong Kong. Total returns to shareholders of 34% over the past three years. New Risk • Dec 13
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 21% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (16% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (HK$97.4m market cap, or US$12.5m). Upcoming Dividend • Dec 03
Upcoming dividend of HK$0.12 per share Eligible shareholders must have bought the stock before 10 December 2025. Payment date: 30 December 2025. The company last paid an ordinary dividend in June 2015. The average dividend yield among industry peers is 5.3%. Reported Earnings • Nov 29
First half 2026 earnings released: EPS: HK$0.56 (vs HK$0.039 in 1H 2025) First half 2026 results: EPS: HK$0.56 (up from HK$0.039 in 1H 2025). Revenue: HK$469.8m (up 21% from 1H 2025). Net income: HK$47.4m (up HK$44.2m from 1H 2025). Profit margin: 10% (up from 0.8% in 1H 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 127% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • Nov 11
Sam Woo Construction Group Limited to Report First Half, 2026 Results on Nov 27, 2025 Sam Woo Construction Group Limited announced that they will report first half, 2026 results on Nov 27, 2025 New Risk • Nov 07
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Hong Kong stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 8.6% per year over the past 5 years. Minor Risk Market cap is less than US$100m (HK$94.1m market cap, or US$12.1m). Valuation Update With 7 Day Price Move • Nov 07
Investor sentiment improves as stock rises 37% After last week's 37% share price gain to HK$1.12, the stock trades at a trailing P/E ratio of 8.6x. Average trailing P/E is 12x in the Construction industry in Hong Kong. Total loss to shareholders of 18% over the past three years. New Risk • Oct 06
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: HK$76.4m (US$9.82m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 8.6% per year over the past 5 years. Market cap is less than US$10m (HK$76.4m market cap, or US$9.82m). Minor Risk Share price has been volatile over the past 3 months (14% average weekly change). Valuation Update With 7 Day Price Move • Sep 08
Investor sentiment improves as stock rises 33% After last week's 33% share price gain to HK$1.04, the stock trades at a trailing P/E ratio of 8x. Average trailing P/E is 10x in the Construction industry in Hong Kong. Total loss to shareholders of 30% over the past three years. New Risk • Sep 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 8.6% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Market cap is less than US$100m (HK$90.7m market cap, or US$11.6m). Board Change • Aug 12
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Paul Pang was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Jul 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 8.6% per year over the past 5 years. Market cap is less than US$10m (HK$51.2m market cap, or US$6.53m). Minor Risk Share price has been volatile over the past 3 months (10% average weekly change). Reported Earnings • Jun 27
Full year 2025 earnings released: EPS: HK$0.13 (vs HK$0.34 loss in FY 2024) Full year 2025 results: EPS: HK$0.13 (up from HK$0.34 loss in FY 2024). Revenue: HK$880.9m (up 92% from FY 2024). Net income: HK$10.9m (up HK$39.2m from FY 2024). Profit margin: 1.2% (up from net loss in FY 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings. Announcement • Jun 26
Sam Woo Construction Group Limited, Annual General Meeting, Sep 09, 2025 Sam Woo Construction Group Limited, Annual General Meeting, Sep 09, 2025. New Risk • Jun 13
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 19% per year over the past 5 years. Market cap is less than US$10m (HK$55.4m market cap, or US$7.06m). Minor Risk Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Announcement • Jun 10
Sam Woo Construction Group Limited to Report Fiscal Year 2025 Results on Jun 26, 2025 Sam Woo Construction Group Limited announced that they will report fiscal year 2025 results on Jun 26, 2025 Board Change • Feb 28
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Paul Pang was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Jan 03
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 19% per year over the past 5 years. Market cap is less than US$10m (HK$73.9m market cap, or US$9.50m). Minor Risk Share price has been volatile over the past 3 months (12% average weekly change). Reported Earnings • Dec 01
First half 2025 earnings released: EPS: HK$0.002 (vs HK$0.015 loss in 1H 2024) First half 2025 results: EPS: HK$0.002 (up from HK$0.015 loss in 1H 2024). Revenue: HK$388.8m (up 79% from 1H 2024). Net income: HK$3.24m (up HK$28.2m from 1H 2024). Profit margin: 0.8% (up from net loss in 1H 2024). Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Board Change • Nov 22
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Paul Pang was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Nov 13
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: HK$77.3m (US$9.94m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 18% per year over the past 5 years. Market cap is less than US$10m (HK$77.3m market cap, or US$9.94m). Announcement • Nov 11
Sam Woo Construction Group Limited to Report First Half, 2025 Results on Nov 25, 2024 Sam Woo Construction Group Limited announced that they will report first half, 2025 results on Nov 25, 2024 New Risk • Sep 27
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: HK$77.3m (US$9.94m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 18% per year over the past 5 years. Market cap is less than US$10m (HK$77.3m market cap, or US$9.94m). Board Change • Jul 02
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Paul Pang was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jun 28
Sam Woo Construction Group Limited, Annual General Meeting, Sep 10, 2024 Sam Woo Construction Group Limited, Annual General Meeting, Sep 10, 2024. New Risk • Jun 28
New major risk - Revenue and earnings growth Earnings have declined by 18% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 18% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (HK$80.6m market cap, or US$10.3m). Announcement • Jun 27
Sam Woo Construction Group Limited Announces Board Changes The board of directors of Sam Woo Construction Group Limited announces that Professor Wong Sue Cheun, Roderick has tendered his resignation as an independent non-executive director of the Company with effect from 1 July 2024 due to his age and retirement from public services. The Board will appoint Mr. Pang Tat Choi, Paul, an exiting independent non-executive director of the Company, as the chairman of the Nomination Committee to replace Professor Wong upon his retirement from the Board with effect from 1 July 2024. Announcement • Jun 25
Sam Woo Construction Group Limited Announces Passing Away of Leung Lai So, Executive Director The board of directors of Sam Woo Construction Group Limited announced with deepest sorrow that Ms. Leung Lai So, an executive director of the Company has passed away due to health issues on 23 June 2024. After the passing away of Ms. Leung, the current members of Board decreased from nine to eight. Save as disclosed above, there is no change to the composition of the Board and the Board committees. New Risk • Jun 23
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Share price has been volatile over the past 3 months (12% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (HK$87.4m market cap, or US$11.2m). Announcement • Jun 18
Sam Woo Construction Group Limited to Report Fiscal Year 2024 Results on Jun 27, 2024 Sam Woo Construction Group Limited announced that they will report fiscal year 2024 results on Jun 27, 2024 New Risk • Jan 26
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 10.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (HK$60.5m market cap, or US$7.74m). Minor Risks Share price has been volatile over the past 3 months (10.0% average weekly change). Large one-off items impacting financial results. New Risk • Dec 07
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: HK$70.6m (US$9.03m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (HK$70.6m market cap, or US$9.03m). Minor Risk Large one-off items impacting financial results. Reported Earnings • Nov 29
First half 2024 earnings released: HK$0.015 loss per share (vs HK$0.052 loss in 1H 2023) First half 2024 results: HK$0.015 loss per share (improved from HK$0.052 loss in 1H 2023). Revenue: HK$216.7m (up 74% from 1H 2023). Net loss: HK$24.9m (loss narrowed 71% from 1H 2023). Over the last 3 years on average, earnings per share has fallen by 25% per year whereas the company’s share price has fallen by 22% per year. Announcement • Nov 14
Sam Woo Construction Group Limited to Report First Half, 2024 Results on Nov 27, 2023 Sam Woo Construction Group Limited announced that they will report first half, 2024 results on Nov 27, 2023 New Risk • Aug 24
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: HK$75.6m (US$9.64m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 43% per year over the past 5 years. Market cap is less than US$10m (HK$75.6m market cap, or US$9.64m). Announcement • Jul 07
Sam Woo Construction Group Appoints Pang Tat Choi, Paul as an Independent Non-Executive Director and A Member of the Audit Committee, Remuneration Committee and Nomination Committee of the Company with Effect from 7 July 2023 Sam Woo Construction Group announces that Mr. Pang Tat Choi, Paul (the "Mr. Pang") has been appointed as an independent non-executive Director and a member of the audit committee, remuneration committee and nomination committee of the Company with effect from 7 July 2023. Mr. Pang, aged 70, has more than 40 years of experience in planning, design and construction of civil and structural engineering projects and building control in Hong Kong and Canada. He is a fellow member of The Hong Kong Institution of Engineers, an authorised person and registered structural engineer of Hong Kong, and a chartered civil and structural engineer of the UK. Mr. Pang graduated from McGill University and obtained a bachelor degree in civil engineering. He is currently an Adjunct Professor of The Hong Kong University of Science and Technology (HKUST) and Technological and Higher Education Institute of Hong Kong (THEi); and Technical Director of SYW & Associates Limited. Mr. Pang was Assistant Director of the Buildings Department before his retirement from the Hong Kong Government in 2013 where he had served for about 26 years. He is also the founding chairman of the Hong Kong Regional Group of the Institution of Structural Engineers, a permanent honorary advisor of Canadian Society for Civil Engineering (Hong Kong Branch) and an expert member of the Steering Committee on Modular Social Housing of the Hong Kong Council for Social Services. The Company has entered into an appointment letter with Mr. Pang. Mr. Pang's appointment is not subject to a specific term but he is subject to retirement and re-election at the annual general meeting in accordance with the articles of association of the Company. New Risk • Jul 02
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 53% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported September 2022 fiscal period end). Market cap is less than US$100m (HK$87.4m market cap, or US$11.1m). Announcement • Jun 24
Sam Woo Construction Group Limited, Annual General Meeting, Sep 20, 2023 Sam Woo Construction Group Limited, Annual General Meeting, Sep 20, 2023. Reported Earnings • Jun 24
Full year 2023 earnings released: HK$0.019 loss per share (vs HK$0.06 loss in FY 2022) Full year 2023 results: HK$0.019 loss per share (improved from HK$0.06 loss in FY 2022). Revenue: HK$416.9m (up 15% from FY 2022). Net loss: HK$31.5m (loss narrowed 69% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance. Announcement • Jun 10
Sam Woo Construction Group Limited to Report Fiscal Year 2023 Results on Jun 23, 2023 Sam Woo Construction Group Limited announced that they will report fiscal year 2023 results on Jun 23, 2023 Reported Earnings • Nov 26
First half 2023 earnings released: HK$0.052 loss per share (vs HK$0.007 loss in 1H 2022) First half 2023 results: HK$0.052 loss per share (further deteriorated from HK$0.007 loss in 1H 2022). Revenue: HK$124.5m (down 43% from 1H 2022). Net loss: HK$86.8m (loss widened HK$74.5m from 1H 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 7 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Roderick Wong was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Nov 10
Sam Woo Construction Group Limited to Report Q2, 2023 Results on Nov 25, 2022 Sam Woo Construction Group Limited announced that they will report Q2, 2023 results on Nov 25, 2022 Announcement • Oct 29
Sam Woo Construction Group Limited Provides Earnings Guidance for the Six Months Ended 30 September 2022 Sam Woo Construction Group Limited provided earnings guidance for the six months ended 30 September 2022. The Group expects to record a net loss of not less than HKD 80 million for the six months ended 30 September 2022 (the "Period"). Such expected net loss arose mainly because contract revenue decreased more than 40% during the Period as compared to that of the last year and therefore was not enough to cover the construction costs and overheads of the Group incurred during the Period. The management considered that there were several factors leading to such result. (1) Some contract customers had not yet certified the value of construction works in response to the Group's application for interim payments. Therefore, the contract revenue recognised by the Group might not be able to cover all the contract costs incurred in the same period. (2) There were gap periods between the completion of East Kowloon Public Housing project and West Kowloon Cultural District project and the commencement of Kai Tak Public Housing project which was awarded in late July. Therefore, the reduced contract revenue during the gap periods was not enough to cover the overhead costs such as equipment depreciation and labour costs. Announcement • Jul 13
Sam Woo Construction Group Limited, Annual General Meeting, Sep 09, 2022 Sam Woo Construction Group Limited, Annual General Meeting, Sep 09, 2022, at 11:30 China Standard Time. Location: Function Rooms 2 & 3, 3/F, The Mira Hong Kong, 118-130 Nathan Road Tsim Sha Tsui Kowloon Hong Kong Agenda: To consider and receive the audited consolidated financial statements and the report of the Directors of the Company and the Auditor's report for the year ended 31 March 2022; to re-elect directors; to authorise the Board of Directors to fix their remuneration; to re-appoint PricewaterhouseCoopers as Auditor of the Company and to authorise the board of directors to fix its remuneration; to give a general mandate to the directors to allot, issue and deal with additional shares in the capital of the Company not exceeding 20% of the existing issued share capital; to give a general mandate to the directors to repurchase the Company's shares not exceeding 10% of the total nominal amount of the existing issued share capital; to extend the general mandate granted to the directors to allot and issue additional shares of the Company by the number of shares repurchased; and to approve the adoption of the Second Amended and Restated Memorandum and Articles of Association of the Company. Reported Earnings • Jun 25
Full year 2022 earnings released: HK$0.06 loss per share (vs HK$0.02 loss in FY 2021) Full year 2022 results: HK$0.06 loss per share (down from HK$0.02 loss in FY 2021). Revenue: HK$362.5m (up 1.8% from FY 2021). Net loss: HK$100.7m (loss widened 198% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings. Announcement • Jun 11
Sam Woo Construction Group Limited to Report Fiscal Year 2022 Results on Jun 23, 2022 Sam Woo Construction Group Limited announced that they will report fiscal year 2022 results on Jun 23, 2022 Announcement • May 26
Sam Woo Construction Group Limited Provides Group Earning Guidance for the Year Ended 31 March 2022 Sam Woo Construction Group Limited provided Group earning guidance for the year ended 31 March 2022. The Group expects to record a net loss of not less than HKD 90 million for the year ended 31 March 2022 (the "Year"). The main reason was that gross profit margin of the major projects was relatively low which was not enough to cover the overheads of the Group. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Roderick Wong was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Nov 28
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: HK$0.007 loss per share (up from HK$0.026 loss in 1H 2021). Revenue: HK$217.0m (up 69% from 1H 2021). Net loss: HK$12.3m (loss narrowed 71% from 1H 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Reported Earnings • Jul 11
Full year 2021 earnings released: HK$0.02 loss per share (vs HK$0.043 profit in FY 2020) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: HK$356.2m (down 61% from FY 2020). Net loss: HK$33.8m (down 146% from profit in FY 2020). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Reported Earnings • Jun 24
Full year 2021 earnings released: HK$0.02 loss per share (vs HK$0.043 profit in FY 2020) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: HK$356.2m (down 61% from FY 2020). Net loss: HK$33.8m (down 146% from profit in FY 2020). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Reported Earnings • Dec 05
First half 2021 earnings released: HK$0.026 loss per share The company reported a poor first half result with weaker earnings, revenues and control over expenses. First half 2021 results: Revenue: HK$128.5m (down 55% from 1H 2020). Net loss: HK$42.9m (down HK$46.9m from profit in 1H 2020). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 29
First half 2021 earnings released: HK$0.026 loss per share The company reported a poor first half result with weaker earnings, revenues and control over expenses. First half 2021 results: Revenue: HK$128.5m (down 55% from 1H 2020). Net loss: HK$42.9m (down HK$46.9m from profit in 1H 2020). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. Announcement • Nov 06
Sam Woo Construction Group Limited Wins Construction Contract for the Foundation and Associated Works for a Proposed Commercial Building in Kwun Tong District Sam Woo Construction Group Limited announced that the Group has recently been awarded a construction contract for the foundation and associated works for a proposed commercial building in Kwun Tong district. The
construction works are expected to be completed in about early 2022. 
