SH GROUP HLDG issued a profit warning, expecting an annual net profit of no less than HKD 2 million, turning a profit compared to a loss in the same period last year
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SH GROUP HLDG expects its annual net profit for the year ending March 31, 2025, to be no less than HKD 2 million, turning a profit from a loss, compared to a net loss of approximately HKD 15.2 million for the same period in 2024. The board pointed out that the main reasons for the turnaround include the non-cash nature of the increase in the value of financial assets and the recognition of higher profit margins upon project settlement, leading to an increase in revenue and gross profit
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