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New Century Group Issues Profit Warning Amid Increased Losses

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New Century Group Issues Profit Warning Amid Increased Losses

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The latest update is out from New Century Group Hong Kong Limited ( (HK:0234) ).

New Century Group Hong Kong Limited, along with its subsidiaries, has announced a profit warning for the six months ending September 30, 2025. The Group is expected to record a loss of up to HK$20 million, a significant increase from the previous year’s loss of approximately HK$4 million. This increase in loss is attributed to a decrease in profit from its money lending business due to tighter lending measures, increased fair value losses on investment properties in Hong Kong, and a decrease in fair value gains and dividend income from listed equity investments.

More about New Century Group Hong Kong Limited

Average Trading Volume: 1,533,176

Technical Sentiment Signal: Buy

Current Market Cap: HK$231.2M

For an in-depth examination of 0234 stock, go to TipRanks’ Overview page.

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