SU Group secures $11.3M hospital contract in Hong Kong

SU Group (SUGP) announced it has been awarded the largest contract in the Company’s history, valued at HK$88.5 million, approximately US$11.3 million. The contract involves the design, delivery, and integration of a full spectrum of security, monitoring, public address, and safety systems for a major hospital expansion and upgrade project in Hong Kong. The Company will implement technologies including an IP-based public address system, CCTV and access control systems, alarm points, a video phone system, a master clock system, and more, to form a comprehensive Smart Hospital infrastructure. Initial revenue from the project is expected to be recognized in Q4 2025, with the rollout supporting SU Group’s strategic focus on healthcare infrastructure and smart security solutions in high-demand urban sectors.