Neo-Concept International Group Holdings Reports 24% Revenue Decline, Net Income Rises to $0.3mln in H1 2025

Neo-Concept International Group Holdings Limited reported a 24% decrease in revenue to HK$60.2 million for the six months ended June 30, 2025, due to a 51.7% decrease in sales of private-labelled apparel products in the US. Net income increased to HK$2.0 million from HK$1.4 million in the same period last year. Selling, general, and administrative expenses increased by 48.33% to HK$23.5 million.