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New Century Logistics Bvi Limited's Business Segments
New Century Logistics Bvi Limited's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Reportable Segments
3
Largest Segment
Air Freight Forwarding Services
Total Revenue
$ 43
Regions Reported
-
Annual Results
Revenue Share by Reportable Segment - FY2025
- Air Freight Forwarding Services97.2%
- Other Services3.7%
- Ocean Freight Forwarding Services1.3%
Revenue by Reportable Segment - FY2025
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Air Freight Forwarding Services | $ 42 | 97.2% |
| Other Services | $ 2 | 3.7% |
| Ocean Freight Forwarding Services | $ 1 | 1.3% |
Description of New Century Logistics Bvi Limited
New Century Logistics (BVI) Limited (NCEW) is a holding company incorporated in the British Virgin Islands with no significant operations of its own. Its activities are conducted through wholly-owned subsidiaries based in Hong Kong, including New Century Logistics Company Limited (NCL (HK)), NCEW Investment Consultancy Limited (NCEW (HK)), and Win-Tec Transportation Company Limited (Win-Tec), among others. NCEW also has subsidiaries in the United States and holds interests in companies such as Sky Prime Films Production Limited, Easy Affinity Credit Limited, and NCEW PayConnect Limited. Founded in Hong Kong, NCEW's history dates back to 2002 with the incorporation of NCL (HK), which began operations in 2004. The company provides air and ocean export and import freight forwarding services, including cargo space sales and cargo pick-up services. Its primary operations are in Hong Kong, where it uses Hong Kong dollars as its reporting currency and translates financial statements into U.S. dollars for reporting purposes. NCEW manages logistics and freight forwarding services through its subsidiaries, focusing on air and ocean freight solutions.
The registrant does not report distinct business segments by practices, services, industries, or geographic regions. Its competitive landscape varies based on the nature of engagements, requested services, and client or service delivery locations. Competitors include large organizations offering niche services similar to those of the registrant, as well as small firms and independent contractors specializing in specific services. The registrant's performance depends on its executive directors and senior management team, who oversee corporate development, business strategies, and growth. Retention of key executives and personnel with experience in freight forwarding and logistics is critical. The registrant manages a large volume of shipments and must comply with air cargo security regulations; however, there is no guarantee that all dangerous or illicit goods shipments can be detected and prevented, which may result in legal penalties and negatively impact reputation and operations.