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NEWAY GROUP: Annual Report 2024
NEWAY GROUP: CLARIFICATION ANNOUNCEMENT -FINAL RESULTS ANNOUNCEMENTFOR THE YEAR ENDED 31 DECEMBER 2024
Neway Group Announces HK$5 Million Loan Agreement
NEWAY GROUP (00055.HK) has granted a loan of 5 million HKD.
On April 14th, Gelonghui reported that NEWAY GROUP (00055.HK) announced that on April 14, 2025, the lender (a wholly-owned subsidiary of the company) entered into a loan agreement with the borrower, mortgagor, and guarantor. According to the loan agreement, the lender agrees to grant a loan of 5 million Hong Kong dollars to the borrower, with a repayment period of 12 months and an interest rate of 1.5% per month (equivalent to an annual interest rate of 18%).
In the report, NEWAY GROUP (00055.HK) narrowed its loss to 76.99 million yuan last year.
NEWAY GROUP (00055.HK) announced its annual results for the year ended December last year, with a revenue of 0.481 billion yuan, a year-on-year decrease of 12.4%. Loss narrowed to 76.9933 million yuan, compared to a loss of 81.9615 million yuan in the same period last year; loss per share was 30.39 cents. No dividend is declared. (js/w)~
NEWAY GROUP: FINAL RESULTS ANNOUNCEMENTFOR THE YEAR ENDED 31 DECEMBER 2024