Smart Globe Forecasts Profit Turnaround on Surging Africa-Focused Logistics Revenue

Smart Globe Holdings Ltd. ( (HK:1481) ) just unveiled an announcement.

Smart Globe Holdings Limited has issued a positive profit alert, indicating it expects to swing from a net loss of about HK$12 million in 2024 to a net profit of between HK$10 million and HK$16 million for the year ended 31 December 2025. The turnaround is driven by a sharp rise in revenue from its supply chain management services, projected at HK$108 million to HK$114 million versus HK$9.5 million a year earlier, on the back of strong logistics demand in the Sub-Saharan Africa market, partly offset by a decline in its printing segment revenue to HK$90 million to HK$96 million from HK$108.1 million. The figures are based on unaudited management accounts and may differ from the final audited results, but the guidance signals a significant shift in the group’s earnings profile towards higher-growth logistics and supply chain services and away from its legacy printing operations.

The most recent analyst rating on (HK:1481) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on Smart Globe Holdings Ltd. stock, see the HK:1481 Stock Forecast page.

More about Smart Globe Holdings Ltd.

Smart Globe Holdings Limited, incorporated in the Cayman Islands and listed in Hong Kong, operates through two main segments: supply chain management services, with a particular focus on logistics, and a traditional printing business. The company has recently expanded its market reach by tapping into demand from the Sub-Saharan Africa region, especially for its logistics-related services within the supply chain management segment.

Average Trading Volume: 1,636,721

Technical Sentiment Signal: Buy

Current Market Cap: HK$3.12B

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