China New Consumption Group reported FY26 revenue of HK$20.12 million, down 87.30% from HK$158.55 million a year earlier, mainly due to an 88.60% plunge in construction contract income to HK$17.88 million.

\n\nGross margin swung to a negative 104.20%, generating a gross loss of HK$21.0 million versus a gross profit of HK$13.57 million in FY25. Administrative expenses edged up 2.00% to HK$21.83 million. Loss before tax narrowed to HK$22.97 million from HK$30.27 million, and net loss attributable to shareholders shrank to HK$23.15 million (FY25: HK$31.15 million).

\n\nThe balance sheet remained liquid, with cash and bank balances of HK$11.80 million and total debt of HK$0.05 million, leaving the gearing ratio near zero. Total equity stood at HK$115.46 million.

\n\nDuring the year the Group raised fresh equity capital: HK$10.26 million from a July 2025 share placing and HK$14.20 million from a November 2025 placing, following a HK$22.50 million rights issue completed in FY25. Issued share capital rose to 959.99 million shares (HK$9.60 million).

\n\nNo final dividend was proposed. Management remains “cautiously optimistic” and will focus on cost control, operational efficiency and selective tendering to improve profitability, while exploring opportunities in construction and tea beverage businesses.