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SH Group Projects Positive Turnaround with HK$2.0 Million Profit

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SH Group Projects Positive Turnaround with HK$2.0 Million Profit

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SH Group (Holdings) Limited ( (HK:1637) ) just unveiled an update.

SH Group (Holdings) Limited has announced a positive profit alert, projecting a net profit of at least HK$2.0 million for the fiscal year ending March 31, 2025, compared to a net loss of approximately HK$15.2 million the previous year. This anticipated turnaround is primarily attributed to an increase in the value of financial assets and higher revenue and gross profit from variation orders with improved margins. The company advises caution as the results are based on preliminary assessments and are subject to adjustments.

More about SH Group (Holdings) Limited

Average Trading Volume: 450,272

Technical Sentiment Signal: Buy

Current Market Cap: HK$60M

Find detailed analytics on 1637 stock on TipRanks’ Stock Analysis page.

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