SU Group Shares Triple on $11.3M Contract Award

Dow Jones

Jul 09, 2025

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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