SU Group Holdings Ltd

Earnings data Q1 2024

SU Group Holdings Ltd. engages in the provision of integrated security-related services. Its services include threat detection, traffic and vehicle control, pedestrian access control, ELV system, security personnel, and vocational training. It operates through the Security-related Engineering Services, and Security Guarding and Screening Services segments. The company was founded by Ming Chan in 1998 and is headquartered in Hong Kong.

HONG KONG , Nov. 19, 2024 /PRNewswire/ -- SU Group Holdings Limited (Nasdaq: SUGP) ("SU Group" or the "Company"), an integrated security-related engineering services company in Hong Kong, today announced it will sell AI-aided X-ray screeners to one of Asia's largest airlines. The premier airline will initially purchase from SU Group 11 AI-aided X-Ray screeners designed for screening air cargo to identify dangerous goods and prohibited items.

One of Asia's Largest Airlines to Buy SU Group's AI-Aided X-ray Screeners

HONG KONG , Nov. 12, 2024 /PRNewswire/ -- SU Group Holdings Limited (Nasdaq: SUGP) ("SU Group" or the "Company"), an integrated security-related engineering services company in Hong Kong, today announced a US$4.4 million win, representing the largest contract in the Company's history. Of the total US$4.4 million, US$3.2 million is being recognized as revenue in calendar year 2024 and the balance in calendar year 2025.

SU Group Announces US$4.4 Million Win; Represents Largest Contract in Company's History

HONG KONG , Oct. 1, 2024 /PRNewswire/ -- SU Group Holdings Limited (Nasdaq: SUGP) ("SU Group" or the "Company"), an integrated security-related engineering services company in Hong Kong, today announced a milestone agreement to install a Smart Site Safety System ("4S") at a major Hong Kong hospital. This represents the Company's entrance into a new emerging, high priority government mandated market that seeks to use artificial intelligence (AI) and Internet of Things (IoT) technologies to create safer and more efficient working environments.

SU Group Enters New Government Sponsored Market with Milestone Agreement

HONG KONG , Sept. 26, 2024 /PRNewswire/ -- SU Group Holdings Limited (Nasdaq: SUGP) ("SU Group" or the "Company"), an integrated security-related engineering services company in Hong Kong, today announced Hong Kong's Labour Department certified its wholly owned unit, Shine Union Limited, under the Good Employer Charter 2024.

Hong Kong's Labour Department Certifies SU Group Under Good Employer Charter

HONG KONG , Sept. 9, 2024 /PRNewswire/ -- SU Group Holdings Limited (Nasdaq: SUGP) ("SU Group" or the "Company"), an integrated security-related engineering services company in Hong Kong, today announced it has entered into a joint development memorandum of understanding (the "MOU") with UrbanChain Group, a pioneering technology company specializing in next-generation Artificial Intelligence of Things ("AIoT") mobility solutions.

SU Group and UrbanChain Agree to Jointly Develop Integrated AIoT Car Parking, Security and Access Control Solutions; SU Group Further Expands its Addressable Market

HONG KONG , Aug. 12, 2024 /PRNewswire/ -- SU Group Holdings Limited (Nasdaq: SUGP) ("SU Group" or the "Company"), an integrated security-related engineering services company in Hong Kong, today announced its wholly owned unit, Shine Union Limited, received a prestigious workplace quality award from The Employees Retraining Board ("ERB"). The ERB launched its Manpower Developer Award to recognize organizations which demonstrate outstanding achievements in manpower training and development as Manpower Developers ("MDs").

SU Group's Shine Union Wins Prestigious Workplace Quality Award

HONG KONG , July 25, 2024 /PRNewswire/ -- SU Group Holdings Limited (Nasdaq: SUGP) ("SU Group" or the "Company"), an integrated security-related engineering services company in Hong Kong, today announced it was awarded a material new order at the Hong Kong International Airport (HKIA), increasing market share and position as a leading one-stop security-related services provider. The Hong Kong International Airport is recognized as one of the world's busiest airports and one of the most popular Asian hubs for regional and international travel, and commercial transport.

SU Group Awarded Material New Order at Hong Kong International Airport

HONG KONG , July 1, 2024 /PRNewswire/ -- SU Group Holdings Limited (Nasdaq: SUGP) ("SU Group" or the "Company"), an integrated security-related engineering services company in Hong Kong, today announced that it will be ringing the Nasdaq closing bell on Tuesday, July 2, 2024. This significant event marks a milestone for the Company following its successful initial public offering in January 2024, and its continued business expansion.

SU Group to Ring Nasdaq Closing Bell on Tuesday, July 2, 2024

- 11.7% YoY Increase in Security Guarding and Screening Services Segment Revenues - Cash and Cash Equivalents Increase Nearly 200% YoY HONG KONG , July 1, 2024 /PRNewswire/ -- SU Group Holdings Limited (Nasdaq: SUGP) ("SU Group" or the "Company"), an integrated security-related engineering services company in Hong Kong, today announced financial results for the six months ended March 31, 2024. All U.S. dollar figures cited in this press release are based on the exchange rate of HK$7.8257 against US$1.00 as of March 29, 2024.

SU Group Holdings Reports First Half Fiscal Year 2024 Results

HONG KONG, June 18, 2024 /PRNewswire/ -- SU Group Holdings Limited (Nasdaq: SUGP) ("SU Group" or the "Company"), an integrated security-related engineering services company in Hong Kong, today announced it has expanded its security products and solutions portfolio after agreeing to become the exclusive distributor of MATZ-ERREKA's premium automatic doors and gates in Hong Kong. The Company expects this will create a new revenue stream and growth accelerator over both the immediate and long-term, further enrich its product offerings and improve its competitive edge.

SU Group Set to Expands Market Reach and Profit Margins with Exclusive Distribution Agreement

HONG KONG , May 7, 2024 /PRNewswire/ -- SU Group Holdings Limited (Nasdaq: SUGP) ("SU Group" or the "Company"), an integrated security-related engineering services company in Hong Kong, today announced it has entered a partnership with SquareDog Robotics, Ltd. ("SquareDog Robotics"), a Hong Kong-based technology company specialized in robotic automation.

SU Group to Bring Robotics and AI to Security Patrolling in Partnership with SquareDog Robotics

HONG KONG , April 15, 2024 /PRNewswire/ -- SU Group Holdings Limited (Nasdaq: SUGP) ("SU Group" or the "Company"), an integrated security-related engineering services company in Hong Kong, today announced it has successfully implemented a Virtual Call Center ("VCC") to support its business growth and further expansion. The advanced system was customized to SU Group's technical specifications and will provide a superior experience to its customers and partners as well as increase their operational efficiency.

SU Group Successfully Implements Virtual Call Center to Support Growth

HONG KONG , March 7, 2024 /PRNewswire/ -- SU Group Holdings Limited (Nasdaq: SUGP) ("SU Group" or the "Company"), an integrated security-related engineering services company in Hong Kong, today announced that it has won a 2-year security guarding bid for a property managed by one of the largest private property asset and facility management groups in Hong Kong, initially covering a premier 600-unit urban property spanning 3 city blocks in downtown Hong Kong.   The property has been managed by the management group that holds a significant market share of composite residential development assets and manages a total of 100 million square feet of real estate assets.

SU Group Wins 2-Year Security Guarding Bid with One of the Largest Private Property Asset and Facility Management Groups in Hong Kong

HONG KONG , Feb. 20, 2024 /PRNewswire/ -- SU Group Holdings Limited (Nasdaq: SUGP) ("SU Group" or the "Company"), an integrated security-related engineering services company in Hong Kong, today announced that one of the world's top 5 freight services company has selected SU Group for a state-of-the-art threat detection system, with integrated X-ray systems for air cargo inspection to balance security needs with the efficient flow of goods through the transportation network. Under the agreement, SU Group will supply, install, train and provide maintenance and support for a system threat detection system.

One of the World's Top 5 Freight Services Company Selects SU Group for Enhanced Threat Detection

HONG KONG , Feb. 12, 2024 /PRNewswire/ -- SU Group Holdings Limited (Nasdaq: SUGP) ("SU Group" or the "Company"), an integrated security-related engineering services company in Hong Kong, today announced it has won a major customer security project to provide security engineering services for a property complex in Hong Kong. Under the agreement, SU Group will design, supply and implement a comprehensive, integrated Extra Low Voltage ("ELV") security solution.

SU Group Wins Major Customer Security Project

22% Increase in Gross Profit Year over Year 19% Increase in Net Income Year over Year HONG KONG , Jan. 31, 2024 /PRNewswire/ -- SU Group Holdings Limited (Nasdaq: SUGP) ("SU Group" or the "Company"), an integrated security-related engineering services company in Hong Kong, today announced financial results for the fiscal year ended September 30, 2023, with increased growth in revenue, gross profit and net income, as compared to the fiscal year ended September 30, 2022. All U.S. dollar figures cited in this press release are based on the exchange rate of HK$7.8293 against US$1.00 as of September 30, 2023.

SU Group Holdings Reports 20% Revenue Growth For Fiscal Year 2023

HONG KONG , Jan. 30, 2024 /PRNewswire/ -- SU Group Holdings Limited (Nasdaq: SUGP) ("SU Group" or the "Company"), an integrated security-related engineering services company in Hong Kong, today announced it will release its fiscal year 2023 results before the Nasdaq open on Wednesday, January 31, 2024, with its management hosting a conference call to discuss results at 8:00 a.m. Eastern Time that same day.

SU Group Holdings Schedules Fiscal Year 2023 Conference Call for Wednesday, January 31, 2024

HONG KONG , Jan. 26, 2024 /PRNewswire/ -- SU Group Holdings Limited (Nasdaq: SUGP) ("SU Group" or the "Company"), an integrated security-related engineering services company in Hong Kong, today announced the closing of its initial public offering (the "Offering") of 1,250,000 ordinary shares at a public offering price of US$4.00 per share. The ordinary shares began trading on the Nasdaq Capital Market on January 24, 2024 under the ticker symbol "SUGP.

SU Group Holdings Limited Announces Closing of Initial Public Offering

SU Group (NASDAQ:SUGP) stock is on the move Friday following the Hong Kong security services company's initial public offering (IPO) earlier this week. That IPO saw the company's shares debut at a price of $4 each.

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