SU Group Holdings' first-half revenue fell 20% year over year to HK$86.3 million, driven by fewer large engineering projects. Project and maintenance revenue dropped to HK$44 million from HK$65.1 million, while security guarding and screening held steady at HK$40.9 million. The Hong Kong-based security services company said cost discipline helped cushion the decline. Gross margin edged up to 20.7% from 20.3%, and selling, general and administrative expenses fell 15.9%. The operating loss narrowed to HK$3.9 million from HK$4.7 million in the prior-year period.
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