New Concepts Holdings Ltd (HK:2221) has released an update.
New Concepts Holdings Limited has reported a notable turnaround in its fiscal year 2024, with a consolidated profit of HK$32,061,000, contrasting sharply with the previous year’s loss of HK$18,722,000. This achievement is attributed to a significant increase in revenue, which rose from HK$545,189,000 in FY2023 to HK$628,236,000 in FY2024, and a substantial growth in other income and gains. The earnings per share for company owners also reflected this positive change, improving from a loss of HK$1.70 to a gain of HK$0.18.
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