Subsidiary of Phoenix Prosperity Investment Limited
Phoenix Asia provides substructure works services in Hong Kong. The company undertakes site formation, such as clearance of construction site, demolition of existing structures, and reduction and stabilization of existing slopes. Its portfolio also includes ground investigation comprising of assessing ground condition by drilling and conducting tests, and foundation works
Including excavation and lateral support works, pile caps construction, earth works, structural steel works, underground drainage works, and demolition works, as well as construction services, such as structural steel works advisory and supervision services in substructure projects.
Phoenix Asia Holdings Limited was incorporated in 2024 and is based in Kowloon Bay, Hong Kong. Phoenix Asia Holdings Limited is a subsidiary of Phoenix Prosperity Investment Limited.
What does Phoenix Asia Holdings Limited (PHOE) do?
Phoenix Asia Holdings Limited is an engineering and construction company based in Hong Kong that specializes in substructure works services. The company undertakes site formation, which includes clearance of construction sites, demolition of existing structures, and reduction and stabilization of existing slopes. Its portfolio also covers ground investigation, such as assessing ground conditions by drilling and conducting tests, as well as foundation works like excavation and lateral support, pile caps construction, earth works, structural steel works, underground drainage, and demolition. Additionally, Phoenix Asia provides construction services including structural steel works and offers advisory and supervision services for substructure projects.
Where is Phoenix Asia Holdings Limited (PHOE) listed and in what currency?
Phoenix Asia Holdings Limited is listed on the Nasdaq Capital Market (NasdaqCM) under the ticker symbol PHOE. The company trades in US Dollars (USD), which is the standard currency for stocks listed on US exchanges. This listing provides the company with access to a broad base of international investors and the liquidity associated with a major US exchange.
What sector and industry does Phoenix Asia Holdings Limited (PHOE) operate in?
Phoenix Asia Holdings Limited operates in the Industrials sector, specifically within the Engineering & Construction industry. This classification reflects the company's focus on providing substructure works services for construction projects, including site formation, ground investigation, foundation works, and related advisory and supervision services. As an engineering and construction firm, Phoenix Asia plays a critical role in the initial phases of building infrastructure, such as preparing land and laying foundations for various structures.
Where is Phoenix Asia Holdings Limited (PHOE) headquartered and what markets does it serve?
Phoenix Asia Holdings Limited is headquartered in Kowloon Bay, Hong Kong, and primarily serves the Hong Kong market. The company provides substructure works services for construction projects within the region, leveraging its expertise in site formation, ground investigation, foundation works, and related services. Being based in Hong Kong allows Phoenix Asia to cater to the local construction industry, which includes both public and private sector projects. The company is a subsidiary of Phoenix Prosperity Investment Limited.
How does Phoenix Asia Holdings Limited (PHOE) make money?
Phoenix Asia Holdings Limited generates revenue by providing substructure works services to construction clients in Hong Kong. The company offers a range of specialized services, including site formation (clearance, demolition, slope stabilization), ground investigation (drilling and testing), and foundation works (excavation, lateral support, pile caps, earth works, structural steel, underground drainage, and demolition). Additionally, Phoenix Asia provides construction services such as structural steel works and offers advisory and supervision services for substructure projects. The company earns fees for these services, typically on a project-by-project basis.