New Century Group Reports Turnaround Profit

New Century Group Hong Kong Limited (HK:0234) has released an update.

New Century Group Hong Kong Limited has reported a consolidated profit for the fiscal year ending March 31, 2024, marking a significant turnaround from the previous year’s losses. The company’s revenue and other income saw a substantial increase, while managing to keep administrative and operating expenses relatively stable. The earnings per share for the year also improved from a loss to a gain, indicating a positive outcome for shareholders.

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