NEW CENTURY GP (00234) Reports Interim Results: Shareholder Loss Widens by 340.69% to HK$18.716 Million

Stock News
2025/11/26

NEW CENTURY GP (00234) announced its interim results for the six months ended September 30, 2025. The group recorded revenue of HK$36.926 million, a decrease of 24.17% year-on-year. Shareholder losses attributable to the company widened by 340.69% to HK$18.716 million, with a loss per share of HK$0.0032.

The company attributed the increased losses primarily to stricter lending measures implemented across all loan applications, leading to a decline in the group's loan portfolio and reduced profitability in its money lending business. Additionally, fair value losses on the group's investment properties in Hong Kong (mainly commercial retail units) rose, while fair value gains and dividend income from listed equity investments decreased.

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