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Kaisa Prosperity Holdings Ltd. Reports Turnaround in 2024 Financial Results

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Kaisa Prosperity Holdings Ltd. Reports Turnaround in 2024 Financial Results

The latest announcement is out from Kaisa Prosperity Holdings Ltd. ( (HK:2168) ).

Kaisa Prosperity Holdings Ltd. reported a decrease in total revenue by 3.3% to RMB1,735.4 million for the year ended December 31, 2024, compared to the previous year. Despite this, the company turned around its financial performance, achieving a profit of RMB25.6 million compared to a loss of RMB437.6 million in 2023, indicating a positive shift in its financial health.

More about Kaisa Prosperity Holdings Ltd.

Kaisa Prosperity Holdings Ltd. is a company incorporated in the Cayman Islands, primarily engaged in property management services. The company focuses on managing a significant amount of gross floor area, providing services that cater to residential and commercial properties.

YTD Price Performance: 11.26%

Average Trading Volume: 41,496

Technical Sentiment Signal: Buy

Current Market Cap: HK$274.3M

Find detailed analytics on 2168 stock on TipRanks’ Stock Analysis page.

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