SU Group Shares Triple on $11.3M Contract Award

Dow Jones

2025/07/09

By Dean Seal

Shares of SU Group Holdings more than tripled after the company said it was awarded its largest contract ever, valued at about $11.3 million.

The stock was changing hands at $1.64 in early trading after closing Tuesday at 45 cents.

The Hong Kong engineering-services company said before the opening bell Wednesday that the contract involves the design and integration of security, monitoring, public address and safety systems for a major hospital expansion-and-upgrade project in Hong Kong.

Initial revenue from the contract is expected to be recognized in the fourth quarter, SU Group said.

Write to Dean Seal at dean.seal@wsj.com

(END) Dow Jones Newswires

July 09, 2025 10:14 ET (14:14 GMT)

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