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The latest announcement is out from New City Development Group Limited ( (HK:0456) ).
New City Development Group Limited reported its interim financial results for the first half of 2025, revealing a significant decrease in revenue from HK$56,461,000 in 2024 to HK$28,312,000 in 2025. The company experienced a loss from operations of HK$13,016,000 compared to HK$6,379,000 in the previous year, with a total loss for the period amounting to HK$15,270,000. This decline is attributed to reduced revenue and increased net losses, impacting the company’s financial performance and potentially affecting stakeholder confidence.
The most recent analyst rating on (HK:0456) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on New City Development Group Limited stock, see the HK:0456 Stock Forecast page.
More about New City Development Group Limited
New City Development Group Limited is a company incorporated in the Cayman Islands, operating in the real estate development sector. It is listed on the Hong Kong Stock Exchange under the stock code 0456.
Average Trading Volume: 120,572
Technical Sentiment Signal: Hold
Current Market Cap: HK$91.57M
See more data about 0456 stock on TipRanks’ Stock Analysis page.