Detail akcie New Concept online

Business Summary: New Concept Energy, Inc. owns approximately 190 acres of land located in Parkersburg, West Virginia. The land consists of four structures totaling approximately 53,000 square feet. Of this total area, the main industrial / office building contains approximately 24,800 square feet, of which approximately 16,000 of industrial area is leased. The Company is providing advisory and management services for an independent West Virginia oil and gas company. The Company also seeks to establish or acquire new business operations.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, New Concept Energy, Inc. revenues decreased 28% to $152K. Net loss totaled $21K vs. income of $181K. Revenues reflect Management Fee decrease of 54% to $51K. Net loss reflects Other income (expense) net decrease from $131K (income) to $0K, Corporate general and administrative increase of 7% to $338K (expense).