New century gp (00234.HK) announced that as of the annual performance ending on March 31, 2024, the group's revenue increased by 10.3% to HKD 88.291 million; the group recorded a profit attributable to the company's owners of HKD 22.413 million, while a loss attributable to the company's owners of HKD 36.866 million was recorded in the previous year, turning losses into gains. The earnings per share of the company's common stockholders were HKD 0.39.
The increase in the group's revenue was mainly due to the fair value gain of listed equity investment, which turned from a loss of HKD 13.578 million in the previous year to a gain of HKD 740,000 in the current year, partially offset by the decrease in dividend income from listed equity investment in securities trading business of HKD 5.44 million.
