Research analysts covering New Century Logistics (BVI).
Recent press releases and 8-K filings for NCEW.
New Century Logistics (BVI) Limited Announces 1-for-8 Reverse Stock Split
NCEW
Delisting/Listing Issues
- New Century Logistics (BVI) Limited (NCEW) announced a 1-for-8 reverse stock split on its common stock.
- The reverse stock split is expected to be effective on Friday, November 14, 2025, with trading on a split-adjusted basis commencing at market open on that day.
- Upon effectiveness, every 8 shares of the Company's issued and outstanding common stock will automatically convert into one share, with fractional shares rounded up to the next whole number.
- The Company's Board of Directors approved the reverse stock split on October 3, 2025, and also reduced the authorized number of shares from 100,000,000 to 12,500,000.
Nov 7, 2025, 9:05 PM
New Century Logistics (BVI) Ltd Reports Six-Month Financial Results and IPO Completion
NCEW
Earnings
Demand Weakening
Delisting/Listing Issues
- New Century Logistics (BVI) Limited reported a net loss of $1,866,274 and revenues of $21,389,809 for the six months ended March 31, 2025, compared to a net income of $527,282 and revenues of $25,285,439 for the same period in 2024.
- Basic and diluted net loss per share was ($0.09) for the six months ended March 31, 2025, a decline from a net income per share of $0.03 in the prior year period.
- The company successfully completed its Initial Public Offering (IPO) on December 18, 2024, issuing 1,500,000 ordinary shares at $4.00 per share and generating $6.0 million in aggregate proceeds.
- As of March 31, 2025, total assets stood at $13,945,951, and total shareholders' equity increased to $7,741,928 from $6,208,972 as of September 30, 2024.
Sep 30, 2025, 3:28 PM
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