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Sam Woo Construction Group Ltd. ( (HK:3822) ) has provided an announcement.
Sam Woo Construction Group Limited has issued a positive profit alert, expecting to record a profit of not less than HK$10 million for the year ending March 31, 2025, reversing a previous loss of approximately HK$29 million. This anticipated profit is largely due to a significant increase in revenue from construction contracts, reaching at least HK$850 million, primarily from the Kai Tak Public Housing and Lantau Island projects. The information is based on preliminary unaudited management accounts and is subject to adjustments, with final results expected by June 2025.
More about Sam Woo Construction Group Ltd.
Sam Woo Construction Group Limited is a company incorporated in the Cayman Islands, operating in the construction industry. The company focuses on construction contracts, with significant projects including the Kai Tak Public Housing and Lantau Island projects.
Average Trading Volume: 44,013
Technical Sentiment Signal: Sell
Current Market Cap: HK$58.8M
For detailed information about 3822 stock, go to TipRanks’ Stock Analysis page.