STERLING GP (01825) had a total market capitalization of HK$7.316,600, accounting for 8.22%, transferred 1.32 million shares from KGI Securities Asia

The Zhitong Finance App learned that according to the latest data from the Hong Kong Stock Exchange, on August 5, STERLING GP (01825) experienced position changes. The total market value of the transfer was HK$7.316,600, accounting for 8.22%. The company's shareholders transferred 2.166 million shares to Morgan Stanley Hong Kong Securities and 1.32 million shares from KGI Securities Asia.

STERLING GP announced results for the year ended March 31, 2026, with revenue of approximately HK$328 million, a year-on-year decrease of 31.38%; net loss of HK$62.79 million, an increase of about 9.14 times over the previous year; and a loss of HK$173.64 per share.

According to the announcement, the decrease in sales revenue was mainly due to a decrease of about HK$133 million in sales from the largest customers (down about 31.6% from last year). The Group's gross margin for the year under review was approximately 17.1%, compared to about 18.3% in the same period last year, mainly due to the increase in tariffs shared by the Group due to exports to the US.