SU Group publishes revised annual report
SUGP•SU Group Holdings filed an amended fiscal 2025 annual report on November 2, 2026, reporting a net loss of HK$18.48 million and revenue of HK$192.39 million. Gross margin fell to 16% from 26.1%, and cash and cash equivalents declined to HK$25.35 million.
1. Fiscal 2025 results
SU Group Holdings filed an amended fiscal 2025 annual report on November 2, 2026, replacing its prior auditor’s report. Guangdong Prouden CPAs GP audited the 2024 and 2025 financial statements and issued an opinion that they present fairly in all material respects. Revenue rose 5.6% to HK$192.39 million, but the company recorded a net loss of HK$18.48 million, compared with net income of HK$10.65 million in 2024. Higher subcontracting and labor costs contributed to a gross margin decline to 16% from 26.1%; operating cash outflow was HK$15.46 million, and cash and cash equivalents fell to HK$25.35 million from HK$52.34 million.
