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Kaisa Prosperity Posts Profitable Turnaround in 2024

Kaisa Prosperity Posts Profitable Turnaround in 2024

Kaisa Prosperity Holdings Ltd. (HK:2168) has released an update.

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Kaisa Prosperity Holdings Ltd. has announced a positive turnaround in their interim financial results for the first half of 2024, reporting a 2.0% rise in revenue and a significant shift from a comprehensive loss in 2023 to a profit in 2024. The company’s total revenue increased to RMB898.0 million, with gross profit climbing by 4.1%, and they achieved a comprehensive income of RMB50.7 million, marking a recovery from the previous year’s loss.

For further insights into HK:2168 stock, check out TipRanks’ Stock Analysis page.

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