NEW CONCEPTS (02221) Reports Interim Results: Shareholder Loss Widens 28.2% YoY to HK$19.05 Million

Stock News11-27

NEW CONCEPTS (02221) announced its interim results for the six months ended September 30, 2025. The group recorded revenue of HK$377 million, representing a 4.1% year-on-year increase. However, losses attributable to company owners expanded by 28.2% YoY to HK$19.05 million, with a basic loss per share of HK1.14 cents.

The company attributed the increased losses primarily to a HK$7.4 million deficit in its construction segment during the period, compared to a HK$0.7 million loss in the same period last year. This deterioration was mainly due to lower gross margins across ongoing construction projects, contrasting with higher-margin projects completed in the prior year period.

The negative impact was partially offset by a one-time gain of approximately HK$3.5 million, recognized through a capital contribution of intangible assets (patented technology) to an associate company.

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