YY Group Projects HKD 100 Million Revenue Milestone in Hong Kong for 2026

YY Group (NASDAQ: YYGH) announced eight new multi-year hospitality agreements in Hong Kong, bringing its regional total to 20 partnerships and projecting >HKD 100 million in Hong Kong revenue for 2026.

Rhea-AI Summary

YY Group (NASDAQ: YYGH) announced eight new multi-year hospitality agreements in Hong Kong, bringing its regional total to 20 partnerships and projecting >HKD 100 million in Hong Kong revenue for 2026.

The company cited a >1,000% YoY increase versus unaudited HKD 5,281,934 for Apr–Dec 2025 and said growth is driven by its YY Circle platform and technology-driven manpower model.

Positive

• Secured 8 new multi-year hospitality agreements, totaling 20 partnerships in Hong Kong
• Company projects HKD 100 million+ Hong Kong revenue for 2026
• Reported 2025 unaudited revenue of HKD 5,281,934 for Apr–Dec 2025 (partial year)
• Contracts expected to generate tens of thousands staffing assignments annually, creating recurring revenue

Negative

• 2026 growth rate is measured against a partial-year 2025 base of HKD 5,281,934, magnifying percentage gains
• 2025 revenue figure cited as unaudited, which may affect comparability and investor confidence

Argus Mar 6 session

-27.50% close to close Open Argus

Details

News Market Reaction – YYGH

On Mar 6, the first trading day after this news, YYGH closed 27.50% below the previous close.

Data tracked by StockTitan Argus for the Mar 6 session.

Key Figures

2026 HK revenue target: exceeding HKD 100 million 2025 HK revenue: HKD 5,281,934 2026 YoY growth: over 1,000% +5 more

2026 HK revenue target

exceeding HKD 100 million

Projected Hong Kong operations revenue for 2026

2025 HK revenue

HKD 5,281,934

Unaudited revenue between April and December 2025

2026 YoY growth

over 1,000%

Projected 2026 vs. partial 2025 Hong Kong revenue

Prior growth projection

800%

Previously announced 2026 Hong Kong revenue growth projection

New strategic partnerships

20 partnerships

Total new Hong Kong partnerships after latest 8 agreements

New agreements

8 multi-year agreements

Latest hospitality and private club contracts in Hong Kong

Existing hotel partnerships

12 hotels

Hotel partnerships announced on January 21, 2026

Operational start in HK

April 2025

Acquisition date of Hong Kong entity; partial 2025 revenue period

Historical Context

5 past events · Latest: Mar 02

5 events

1. Mar 02

   Malaysia growth target

   24h Move

   -21.1%

   Subsidiary targets ~US$14M 2026 revenue via fivefold promoter expansion.

2. Feb 27

   ATM facility

   24h Move

   -21.1%

   US$20M at-the-market equity facility for debt repayment and corporate uses.

3. Feb 12

   Management award

   24h Move

   -0.8%

   Regional director receives hospitality entrepreneur award highlighting YY Circle platform.

4. Feb 09

   Asset metrics update

   24h Move

   +10.9%

   Reports unaudited total assets of ~$44M and net assets of ~$24.9M.

5. Jan 28

   Warrant repurchase

   24h Move

   +9.2%

   Repurchases and cancels warrants for 14.3M shares, reducing potential dilution.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

integrated facilities management, on-demand workforce solutions

2 terms

integrated facilities management technical

"on-demand workforce solutions and integrated facilities management (IFM), today announced"

A single, coordinated approach to running a company’s buildings and related services—like maintenance, cleaning, security, energy, and equipment—under one manager or contract so systems work together smoothly. Investors care because it can lower operating costs, cut risk, boost property value and tenant satisfaction, and make cash flows more predictable; think of it as one conductor keeping an orchestra in time rather than many soloists.

on-demand workforce solutions technical

"YY Group, a global leader in on-demand workforce solutions and integrated facilities"

On-demand workforce solutions are services or platforms that quickly connect businesses with temporary workers, freelancers or contractors for short-term tasks or shifting workloads, similar to summoning a ride with an app when you need one. For investors, they matter because they change how companies control labor costs, scale operations and recognise revenue — offering faster growth potential but exposing providers to competition, variable margins and labor-regulation risks.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Eight New Hospitality Clients Drive Upward Revision to 2026 Hong Kong Revenue Estimate

SINGAPORE, March 5, 2026 /PRNewswire/ -- YY Group Holding Limited (NASDAQ: YYGH) ("YY Group" or the "Company"), a global leader in on-demand workforce solutions and integrated facilities management (IFM), today announced a significant expansion of its operational footprint in Hong Kong. Following the execution of eight new multi-year service agreements, building upon the 12 hotel partnerships announced on January 21, 2026, the Company has secured a total of 20 new strategic partnerships in the region. Consequently, the Company expects its Hong Kong operations to achieve a revenue milestone exceeding HKD 100 million in 2026.

This forecast represents a year-over-year revenue surge of over 1,000% compared to the unaudited revenue of HKD 5,281,934 recorded between April and December 2025, an upward revision of the 800% revenue growth projection previously announced in January 2026. The 2025 revenue figure reflects a partial year of operations following the Company's acquisition of its Hong Kong entity in April 2025. The projected 2026 growth is driven by the rapid commercial adoption of the Company's technology-driven manpower model and the scaling of its YY Circle platform.

The eight new agreements span landmark luxury hotels, the hospitality portfolio of a prominent regional developer, and exclusive private members' clubs. These multi-year partnerships are expected to generate tens of thousands of staffing assignments annually, providing a high-volume, recurring revenue base for the Company's Hong Kong operations. The Company's rapid scaling in Hong Kong underscores the portability of its platform into new markets.

"These partnerships validate the strength of our technology-driven labor solutions in one of the world's most demanding markets," said Mike Fu, CEO of YY Group. "As we continue to expand our geographic scale, agreements like these provide long-term, predictable revenue streams that enhance our growth outlook. We are confident that this momentum will carry us past the HKD 100 million revenue mark in 2026, delivering meaningful value to our shareholders."

Hong Kong's casual labor sector is currently experiencing a sharp uptick in demand driven by policy changes and favorable economic conditions. As hospitality operators prioritize workforce agility, the Company's flexible deployment capabilities and advanced workforce-management technology position it to capture growing market share. YY Group's customer acquisition momentum demonstrates its increasing strength within one of the world's most competitive hospitality hubs.

About YY Group Holding Limited

YY Group Holding Limited (Nasdaq: YYGH) is a Singapore-headquartered, technology-enabled platform providing flexible, scalable workforce solutions and integrated facility management (IFM) services across Asia and beyond. The Group operates through two core verticals: on-demand staffing and IFM, delivering agile, reliable support to industries such as hospitality, logistics, retail, and healthcare.

Leveraging proprietary digital platforms and IoT-driven systems, YY Group enables clients to meet fluctuating labor demands and maintain high-performance environments. In addition to its core operations in Singapore and Malaysia, the Group maintains a growing presence in Asia, Europe, Africa, Oceania and the Middle East.

Listed on the Nasdaq Capital Market, YY Group is committed to service excellence, operational innovation, and long-term value creation for clients and shareholders.

For more information on the Company, please visit https://yygroupholding.com/.

Safe Harbor Statement

This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the YY Group Holding Limited's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. These factors include, but are not limited to, (i) growth of the hospitality market (ii) capital and credit market volatility, (iii) local and global economic conditions, (iv) our anticipated growth strategies, (v) governmental approvals and regulations, and (vi) our future business development, results of operations and financial condition. In some cases, forward-looking statements can be identified by words or phrases such as "may," "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. All information provided in this press release is as of the date of this press release, and YY Group Holding Limited undertakes no duty to update such information, except as required under applicable law.

Investor Contact
Jason Phua Zhi Yong, Chief Financial Officer
YY Group
enquiries@yygroupholding.com

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SOURCE YY Group Holding Limited

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What revenue milestone did YY Group (YYGH) forecast for Hong Kong in 2026?

YY Group forecasts Hong Kong revenue of over HKD 100 million in 2026. According to the company, this reflects expansion to 20 partnerships and growth driven by its YY Circle platform and manpower model.

How much did YY Group (YYGH) report for Hong Kong revenue in 2025 and why does it matter?

The company reported unaudited Hong Kong revenue of HKD 5,281,934 for Apr–Dec 2025. According to the company, this partial-year base amplifies percentage growth comparisons for the 2026 projection.

How many hospitality contracts does YY Group (YYGH) have in Hong Kong after the new deals?

YY Group now has 20 hospitality partnerships in Hong Kong after adding eight new multi-year agreements. According to the company, these are expected to create high-volume, recurring staffing assignments.

What drove YY Group's upward revision to its 2026 Hong Kong revenue outlook (YYGH)?

The upward revision was driven by signing eight new multi-year agreements and increasing adoption of its YY Circle platform. According to the company, these factors support scaling and predictable recurring revenue.

Are YY Group's (YYGH) 2025 numbers audited and how does that affect investors?

The 2025 Hong Kong revenue figure is described as unaudited. According to the company, investors should note the partial-year unaudited base when assessing the 2026 growth projection.