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SG Group Holdings Limited Announces Reduction in Expected Loss for 2025

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SG Group Holdings Limited Announces Reduction in Expected Loss for 2025

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SG Group Holdings Ltd ( (HK:1657) ) has shared an update.

SG Group Holdings Limited has announced a significant reduction in its expected loss for the year ending 30 April 2025, with an anticipated loss of no more than HK$7.0 million compared to HK$17.1 million the previous year. This improvement is attributed to increased revenue from apparel supply and institutional catering, particularly from major UK customers, and a decrease in losses on financial assets.

More about SG Group Holdings Ltd

SG Group Holdings Limited operates in the apparel and institutional catering industry, focusing on supplying apparel products and providing catering services to private institutions. The company has a significant market presence in the UK, serving major customers in the region.

Average Trading Volume: 25,131

Technical Sentiment Signal: Buy

Current Market Cap: HK$304M

See more insights into 1657 stock on TipRanks’ Stock Analysis page.

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