SG GROUP HLDGS (01657) Anticipates Interim Loss Not Exceeding Approximately HK$6 Million
Stock News
Dec 17
SG GROUP HLDGS (01657) announced that the Group expects to record a loss of no more than approximately HK$6 million for the six months ending October 31, 2025, compared to a loss of around HK$9 million for the same period ending October 31, 2024.
The estimated reduction in losses is primarily attributable to: (i) increased revenue and gross profit from its apparel supply business; (ii) higher sales orders and revenue from supplying apparel products to a major UK-based client; and (iii) decreased impairment loss provisions recognized for trade receivables.
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