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6-K 1 form6-k.htm 6-K

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES ACT OF 1933

 

For the month of July 2026

 

Commission File Number: 001-42415

 

NEW CENTURY LOGISTICS (BVI) LIMITED

(Name of Registrant)

 

Office A-E, 33/F, King Palace Plaza,

55 King Yip Street, Kwun Tong,

Kowloon, Hong Kong

(Address of Principal Executive Offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

 

Form 20-F ☒ Form 40-F ☐

 

 

 

 

 

 

NEW CENTURY LOGISTICS (BVI) LIMITED Reports Financial Results for the Six Months Ended March 31, 2026

 

NEW CENTURY LOGISTICS (BVI) LIMITED (the “Company”) is furnishing this current report on Form 6-K to provide its unaudited condensed consolidated financial statements for the six months ended March 31, 2026.

 

The unaudited condensed consolidated financial statements of the Company as of March 31, 2026 and for the six months ended March 31, 2026 and 2025 are attached to this Form 6-K as Exhibit 99.1. These unaudited condensed consolidated financial statements have not been reviewed on behalf of the shareholders by the independent external auditors of the Company.

 

Financial Statements and Exhibits.

 

Exhibits:

 

Exhibit No.   Description
99.1   Unaudited Condensed Consolidated Financial Statements as of March 31, 2026 and for the Six Months Ended March 31, 2026 and 2025.

 

2

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  New Century Logistics (BVI) Limited
     
Date: July 13, 2026 By: /s/ Ching Shun Ngan
    Ching Shun Ngan
    Chief Executive Officer

 

3

 

 

EX-99.1 2 ex99-1.htm EX-99.1

 

Exhibit 99.1

 

NEW CENTURY LOGISTICS (BVI) LIMITED AND ITS SUBSIDIARIES

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS

 

    As of  
    March 31,     September 30,  
    2026     2025  
    US$     US$  
    (Unaudited)        
Assets                
Current assets:                
Cash and cash equivalents     62,318       645,912  
Restricted cash     320,513       320,513  
Investment     641,026       -  
Accounts receivable, net     8,612,304       11,765,180  
Deposits, prepayment and other receivables     1,207,106       460,363  
Total current assets     10,843,267       13,191,968  
                 
Non-current assets:                
Property, plant and equipment     133,633       51,428  
Right-of-use assets - operating leases     404,045       458,640  
Right-of-use assets - finance lease     103,818       120,914  
Deposits     512,821       512,821  
Deferred tax assets     110,267       193,208  
Total non-current assets     1,264,584       1,337,011  
                 
TOTAL ASSETS     12,107,851       14,528,979  
                 
Liabilities                
Current liabilities:                
Bank overdraft     1,019,560       717,306  
Bank loans – current     1,858,973       1,923,075  
Other borrowing – current     13,115       -  
Accounts payable     2,877,202       5,278,790  
Accruals and other current liabilities     395,286       375,001  
Operating lease liabilities – current     270,041       215,575  
Finance lease liability – current     34,487       36,592  
Due to a related party     64,103       -  
Income tax payables     426,564       433,915  
Total current liabilities     6,959,331       8,980,254  
                 
Non-current liabilities                
Other borrowing – non-current     63,808       -  
Operating lease liabilities – non-current     135,822       223,182  
Finance lease liability – non-current     75,350       93,064  
Total non-current liabilities     274,980       316,246  
                 
TOTAL LIABILITIES     7,234,311       9,296,500  
                 
Commitments and contingencies                
                 
Shareholders’ equity                
Ordinary shares, no par value, 12,500,000 shares authorized; and 3,200,000 shares issued and outstanding at March 31, 2026 and September 30, 2025 respectively     -       -  
Additional paid-in capital     9,907,876       9,907,876  
Accumulated losses     (4,939,480 )     (4,618,233 )
New Century Logistics (BVI) Limited Total Shareholders’ Equity     4,968,396       5,289,643  
Non-controlling interest     (94,856 )     (57,164 )
Total shareholders’ equity     4,873,540       5,232,479  
TOTAL LIABILITIES AND EQUITY     12,107,851       14,528,979  

 

 

 

 

NEW CENTURY LOGISTICS (BVI) LIMITED AND ITS SUBSIDIARIES

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME

 

    For the Six Months ended March 31,  
    2026     2025  
    US$     US$  
    (Unaudited)     (Unaudited)  
             
Revenues     28,559,320       21,389,809  
Cost of revenues     (27,794,185 )     (20,606,704 )
Gross profit     765,135       783,105  
                 
Operating expense                
General and administrative expenses     (1,292,376 )     (2,613,863 )
Total operating expense     (1,292,376 )     (2,613,863 )
                 
Loss from operations     (527,241 )     (1,830,758 )
                 
Other (expenses) income:                
Other income     63,480       6,792  
Interest expense, net     (75,624 )     (42,308 )
Total other expenses, net     (12,144 )     (35,516 )
                 
Loss before income tax     (539,385 )     (1,866,274 )
Income tax credit     180,446       -  
Net loss and comprehensive loss     (358,939 )     (1,866,274 )
                 
Net loss attributable to a non-controlling interest     (37,692 )     -  
Net loss attributable to New Century Logistics (BVI) Limited’s shareholders     (321,247 )     (1,866,274 )
                 
Net loss per share attributable to ordinary shareholders                
Basic and diluted     (0.10 )     (0.09 )
                 
Weighted average number of ordinary shares used in computing net loss per share     3,200,000       20,857,458