New Concepts Holdings Ltd. Issues Profit Warning, Expects Up to HK$100 Million Net Loss for FY2025

Reuters
20 Jun
New Concepts Holdings Ltd. Issues Profit Warning, Expects Up to HK$100 Million Net Loss for FY2025

New Concepts Holdings Ltd. has issued a profit warning, indicating that the company anticipates a net loss of up to HK$100 million for the fiscal year ending March 31, 2025. This forecast contrasts sharply with the net profit of approximately HK$2.86 million reported for the previous fiscal year, ending March 31, 2024. The information, based on a preliminary review of unaudited consolidated management accounts, has not been audited or reviewed by the company's external auditor. The final audited results for FY2025 are expected to be published on June 30, 2025. Shareholders and potential investors are urged to exercise caution when dealing in the company's shares.

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