SG Group Holdings (01657) expects a mid-term loss of not more than approximately 6 million Hong Kong dollars.
Hua Xin Holdings (01657) announced that the group expects to incur a loss not exceeding approximately HK$6 million for the six months ending on October 31, 2025, compared to a loss of approximately HK$9 million for the six months ending on October 31, 2024. The estimated decrease in loss is mainly due to (i) an increase in revenue and gross profit from its supply of clothing products; an increase in sales orders and revenue from clothing products supplied to its main customer based in the UK; and a decrease in impairment loss provision for trade receivables recognition.
SG Group Holdings (01657) announced that the group expects to incur a loss of approximately 6 million Hong Kong dollars for the six months ending on October 31, 2025, compared to a loss of approximately 9 million Hong Kong dollars for the six months ending on October 31, 2024. The estimated decrease in losses is mainly attributed to (i) an increase in revenue and gross profit from its supply of clothing products; an increase in sales orders and revenue from supplying clothing products to its major client in the UK; and a decrease in impairment loss provision for trade receivables recognition.
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