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Prosper Construction Holdings Reports Decline in 2024 Financial Results

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Prosper Construction Holdings Reports Decline in 2024 Financial Results

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Prosper Construction Holdings Limited ( (HK:6816) ) has provided an update.

Prosper Construction Holdings Limited reported a significant decrease in revenue and gross profit for the year ended December 31, 2024, with revenue falling by 23.3% and gross profit by 28.1% compared to the previous year. Despite the financial challenges, the company managed to reduce its overall loss, and its total assets increased by 4.9%, indicating potential resilience in its asset management amidst declining equity.

More about Prosper Construction Holdings Limited

Prosper Construction Holdings Limited is a company incorporated in the Cayman Islands, primarily engaged in the construction industry. The company, along with its subsidiaries, focuses on providing construction services, with a market presence reflected by its listing on the Hong Kong Stock Exchange.

YTD Price Performance: -0.98%

Average Trading Volume: 75,894

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$80.8M

See more data about 6816 stock on TipRanks’ Stock Analysis page.

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