SG Group Holdings Ltd. Announces Significant Reduction in Annual Loss Forecast

Reuters

Jul 21

SG Group Holdings Ltd. Announces Significant Reduction in Annual Loss Forecast

SG Group Holdings Ltd. has issued a profit alert indicating a reduction in its financial losses for the year ended April 30, 2025. The company expects to record a loss of no more than approximately HK$7.0 million, a significant improvement from the HK$17.1 million loss reported for the previous year. This forecast is based on a preliminary assessment of the unaudited management accounts and available information, which have not yet been audited or reviewed by the company's auditors or audit committee. The actual financial results may differ from this preliminary announcement, and shareholders and potential investors are advised to exercise caution when dealing with the company's shares. The official results announcement will be published once finalized.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SG Group Holdings Ltd. published the original content used to generate this news brief on July 21, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Announces Significant Reduction in Annual Loss Forecast","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      SG Group Holdings Ltd. Announces Significant Reduction in Annual Loss Forecast\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        SG Group Holdings Ltd. has issued a profit alert indicating a reduction in its financial losses for the year ended April 30, 2025. The company expects to record a loss of no more than approximately HK$7.0 million, a significant improvement from the HK$17.1 million loss reported for the previous year. This forecast is based on a preliminary assessment of the unaudited management accounts and available information, which have not yet been audited or reviewed by the company's auditors or audit committee. 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Announces Significant Reduction in Annual Loss Forecast\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-07-21 18:42</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      SG Group Holdings Ltd. 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