New City Development (00456) Posts Wider Six-Month Loss as Revenue Contracts Sharply
Stock News
Aug 31
New City Development (00456) has announced its interim financial results for the six months ended June 30, 2026, revealing a significant deterioration in its performance.
The group reported turnover of approximately HK$7.316 million for the reporting period, representing a substantial decline of 74.16% compared to the previous corresponding period.
Loss attributable to shareholders of the company widened dramatically to approximately HK$93.93 million, marking a substantial increase of 1,636.55% year-on-year.
Additionally, the company recorded a loss per share of HK$0.4875 for the six-month period.
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