Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
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.