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Stock impact report

New Concept Energy, Inc. Reports Second Quarter 2024 Results [Yahoo! Finance]

New Concept Energy, Inc (GBR) 
NASDAQ:AMEX Investor Relations: newconceptenergy.com
Company Research Source: Yahoo! Finance
During the three months ended June 30, 2024, the Company reported a net income of $3,000 compared to a net loss of $6,000 for the similar period in 2023. For the three months ended June 30, 2024 the Company had revenue of $37,000 including $25,000 for rental income and $12,000 in management fees. For the three months ended June 30, 2023 the Company had revenue of $35,00 including $26,000 for rental income and $9,000 in management fees. For the three months ended June 30, 2024, corporate general & administrative expenses were $78,000 as compared to $81,000 for the comparable period in 2023. For the three months ended June 30, 2024, interest income was $56,000 as compared to $54,000 for the comparable period in 2023. New Concept Energy, Inc. is a Dallas-based company which owns real estate in West Virginia and provides management services for a third party oil and gas company. For more information, visit the Company's website at www.newconceptenergy.com NEW CONCEPT ENERGY, IN Show less Read more
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