New Century Group Hong Kong Limited Issues Profit Warning: Substantial Reduction in Loss Expected for FY2026
Key Highlights for Investors:
- Expected Loss Reduction: The Group anticipates a significant reduction in its net loss for the year ended 31 March 2026, with losses attributable to owners expected to be not more than HK\$32 million. This is a marked improvement compared to a loss of approximately HK\$56 million recorded in FY2025.
- Primary Drivers of Improvement:
- Decrease in Fair Value Losses: The reduction in loss is mainly due to a decrease in fair value losses on the Group’s Hong Kong investment properties.
- Decrease in Net Impairment Losses: There has also been a notable decrease in net impairment losses on loan and interest receivables and repossessed assets.
- Offsetting Factor: The positive impact from the above was partially offset by a significant decline in interest income from the money lending business. This was primarily due to:
- A contraction in the mortgage loan portfolio, as borrowers redeemed their mortgages following property disposals during the residential property market rebound since the second quarter of 2025.
- Fewer loan applications as competition from traditional banks intensified.
Details for Shareholders and Potential Market Impact
- Price Sensitivity: The expected narrowing of losses is a potentially price-sensitive development, as it may signal financial improvement and better management of impairments and property-related risks. However, the drop in interest income from its core money lending business could temper investor optimism, reflecting ongoing challenges in this segment.
- Uncertainty Remains: The figures are based on a preliminary assessment of unaudited consolidated management accounts. Final audited results may differ, and shareholders should monitor the official annual results announcement, scheduled for 16 June 2026.
- Advisory: Shareholders and investors are strongly advised to exercise caution in trading the Company’s shares until the audited results are released.
Corporate Details
The announcement was issued by Chairman Ng Wee Keat on 1 June 2026. The Board comprises a mix of executive and independent non-executive directors, indicating a balanced governance structure.
Disclaimer: The information provided in this article is based on the Company’s preliminary unaudited results and may be subject to change following the completion of the audit process. Investors should refer to the official results announcement and exercise caution when making investment decisions.
新世紀集團香港有限公司發出盈警：2026財年預計虧損大幅收窄
投資者重點資訊：
- 預期虧損大幅減少： 集團預計截至2026年3月31日止年度，歸屬於公司擁有人之虧損將不多於3,200萬港元，相比2025年約5,600萬港元的虧損有明顯改善。
- 改善主因：
- 投資物業公允價值損失減少： 香港投資物業公允價值損失減少，是本年度虧損減少的主要原因之一。
- 減值損失減少： 貸款及利息應收款項及收回資產的淨減值損失亦有所減少。
- 部分正面因素被抵銷： 正面影響被放債業務利息收入大幅下滑部分抵銷，原因包括：
- 自2025年第二季住宅物業市場反彈以來，借款人處置抵押物業，導致按揭貸款組合收縮及按揭贖回增加。
- 傳統銀行競爭加劇，申請貸款人數減少。
股東須知及潛在市場影響
- 股價敏感資訊： 預計虧損收窄可能屬於股價敏感信息，或反映財務狀況改善及風險管理加強，不過放債業務利息收入大減，亦顯示該板塊仍面對壓力，或令投資者保持審慎。
- 仍存不確定性： 有關數據以未經審核綜合管理賬目為基礎，最終經審核後或有出入，投資者應留意定於2026年6月16日公布的正式業績公告。
- 建議： 股東及投資者於公司正式公告前，應審慎處理股份買賣。
公司資料
公告由主席黃偉傑於2026年6月1日發出，董事會成員包括執行董事及獨立非執行董事，架構具平衡性。
免責聲明： 本文資訊基於公司初步未經審核數據，最終業績或有調整，請投資者參閱官方公告並審慎作出投資決定。
