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China Hongbao Holdings (HKSE:08316) Payments on Behalf of Employees


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What is China Hongbao Holdings Payments on Behalf of Employees?

Payments on Behalf of Employees only applicable to companies reporting Cash Flow from Operations in direct method.


China Hongbao Holdings (HKSE:08316) Business Description

Traded in Other Exchanges
N/A
Address
No. 51 Kwai Cheong Road, Unit Nos. 1–3 on Level 9, Kowloon Commerce Centre Tower A, Kwai Chung, New Territories, Hong Kong, HKG
China Hongbao Holdings Ltd, formerly Quantong Holdings Ltd operates in the construction industry principally involved as a foundation subcontractor. The firm is engaged in the provision of foundation works. The projects of the company involve LS work, mini piling, pipe piling and soldier piling, grouting and grout curtain construction, H-piling, and other works. Its target customers mainly comprise main contractors and subcontractors. The group derives the majority of its revenue from its operations in Hong Kong followed by Mainland China.