SHUN WO GROUP (01591) Shareholders Transfer Stocks from Agricultural Bank International Securities to Xueqiong Securities with a Transfer Value of HKD 3.715 Million

Stock News
10/16

According to the latest information from the Hong Kong Stock Exchange, on October 15, shareholders of SHUN WO GROUP (01591) transferred their stocks from Agricultural Bank International Securities to Xueqiong Securities, with a transfer value of HKD 3.715 million, accounting for 5.19% of the shares. SHUN WO GROUP reported its annual performance for the year ending March 31, 2025, showing revenues of HKD 166 million, a significant decrease of 50.14% year-on-year. The company recorded a loss attributable to shareholders of HKD 5.693 million, compared to a profit of HKD 39.465 million during the same period last year, resulting in a loss per share of HKD 1.42 cents. The announcement stated that the sharp decline in revenue was primarily due to the completion of several large-scale foundation projects awarded in previous years, while newly awarded projects were still in the initial stages during the reporting year.

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