Neo-Concept International Group Holdings Ltd. reports 24% revenue decline and higher net income for first half 2025

Reuters
2025.11.21 14:40
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Neo-Concept International Group Holdings Ltd. reported a 24% revenue decline to HK$60.2 million for the first half of 2025, but net income rose to HK$2.0 million due to increased gross profit. Earnings per share improved to HK$0.50. Expenses rose by 48.3% due to higher staff costs and Nasdaq listing fees. Private-labelled apparel sales fell by 51.7%, while owned-branded apparel sales increased by 138.8%.