Earnings ·
Reports H1 2026 loss of USD1.16M on revenue decline to USD7.1M
NCINeo-Concept International Group Holdings Ltd
Neo-Concept International Group Holdings Limited reported a net loss of approximately HKD9.1 million (USD1.16 million) for the six months ended June 30, 2026, compared to a net income of HKD2.0 million in the prior year period. Revenue decreased by approximately 7.3% to HKD55.8 million (USD7.1 million), driven by lower sales of private-labelled apparel products and owned-branded items. Selling, general and administrative expenses rose by roughly 40% to HKD33 million due to increased staff costs and provisions for expected credit losses. The company operates as a one-stop apparel solution services provider.