Prosper Construction Issues Supplemental Profit Warning for FY2024

Prosper Construction Holdings Limited ( (HK:6816) ) just unveiled an announcement.

Prosper Construction Holdings Limited has issued a supplemental announcement regarding its profit warning for FY2024. The company anticipates impairment losses on financial assets to be between HK$61 million and HK$65 million, resulting in an expected total loss of approximately HK$150 million to HK$154 million for the fiscal year. This is a slight improvement from the previous year’s loss of HK$181 million. The financial results are still being finalized, and shareholders and investors are advised to exercise caution.

More about Prosper Construction Holdings Limited

Prosper Construction Holdings Limited is a company incorporated in the Cayman Islands, operating in the construction industry. It is listed on the Stock Exchange of Hong Kong and focuses on providing construction services.

YTD Price Performance: 1.00%

Average Trading Volume: 75,000

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$80.8M

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