Earnings ·
New Concept Energy, Inc. reported a net loss of $66,000 for the quarter ended June 30, 2026, compared to a $18,000…
GBRNew Concept Energy, Inc.
New Concept Energy, Inc. reported a net loss of $66,000 for the quarter ended June 30, 2026, compared to a $18,000 loss in the prior year period. Revenue increased slightly to $41,000 from $40,000, driven by rental income and management fees, while corporate general and administrative expenses rose significantly to $129,000 from $85,000. Interest income declined to $35,000 from $42,000. The company operates in the real estate and oil and gas management services industry.