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Kaisa Prosperity Holdings Ltd. ( (HK:2168) ) has provided an announcement.
Kaisa Prosperity Holdings Limited has announced a positive profit alert, indicating an expected unaudited net profit of not less than RMB15 million for the year ended December 31, 2024, compared to a net loss of approximately RMB437.6 million in the previous year. This improvement is largely due to a significant reduction in the provision for loss allowance on trade receivables from related parties, highlighting a turnaround in the company’s financial performance.
More about Kaisa Prosperity Holdings Ltd.
Kaisa Prosperity Holdings Limited is a company incorporated in the Cayman Islands, operating within the property management industry. The company, along with its subsidiaries, focuses on providing property management services, primarily in the Hong Kong market.
YTD Price Performance: 17.22%
Average Trading Volume: 21,214
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$272.8M
Learn more about 2168 stock on TipRanks’ Stock Analysis page.