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SG Group Holdings Ltd ( (HK:1657) ) has provided an update.
SG Group Holdings Limited announced a reduction in its expected loss for the six months ended October 31, 2025, from HK$9.0 million in the previous year to no more than approximately HK$6.0 million. This improvement was attributed to measures such as an increase in revenue and gross profit derived from apparel supply businesses, a rise in sales orders from UK-based customers, and a decrease in the provision for impairment loss on trade receivables. The announcement suggests a positive operational adjustment and indicates progress toward better financial performance, although the actual results are yet to be finalized.
The most recent analyst rating on (HK:1657) stock is a Hold with a HK$14.50 price target. To see the full list of analyst forecasts on SG Group Holdings Ltd stock, see the HK:1657 Stock Forecast page.
More about SG Group Holdings Ltd
SG Group Holdings Limited, incorporated in the Cayman Islands, operates in the apparel supply sector. The company specializes in the procurement and distribution of apparel products, with a significant market focus on major customers headquartered in the UK.
Average Trading Volume: 4,671
Technical Sentiment Signal: Buy
Current Market Cap: HK$523.2M
Find detailed analytics on 1657 stock on TipRanks’ Stock Analysis page.