SH Group (HKG:1637) expects a net profit of at least HK$2 million for the year ended March 31, compared with a net loss of HK$15.2 million a year prior, a Monday Hong Kong bourse filing said.

The engineering services company attributed the anticipated turnaround to profit mainly to an increase in the value of financial assets at fair value through profit or loss, as well as a higher revenue and gross profit from certain variation orders.