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New Concepts Holdings Ltd ( (HK:2221) ) has provided an update.
New Concepts Holdings Ltd, incorporated in the Cayman Islands, has reported its annual financial results for the year ended 31 March 2025. The company experienced a significant increase in revenue by 47.9% compared to the previous year, reaching HK$929,235,000. However, the company also reported a substantial loss of HK$89,835,000, a stark contrast to the profit of HK$32,061,000 in the previous year. The loss per share was HK$5.02, marking a dramatic decline. The gearing ratio increased to 196.2%, and the current ratio decreased to 89.8%. The board has decided not to recommend a final dividend for the year.
More about New Concepts Holdings Ltd
Average Trading Volume: 12,929,733
Technical Sentiment Signal: Sell
Current Market Cap: HK$115.6M
For a thorough assessment of 2221 stock, go to TipRanks’ Stock Analysis page.