Prosper One International Holdings Company Limited Class S (HK:1470) has released an update.
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Prosper One International Holdings Company Limited anticipates a swing to profit in its latest fiscal year, with an expected HK$0.8 million to HK$1.5 million profit compared to the previous year’s HK$2.7 million loss. This positive outlook is mainly due to increased revenue from the successful expansion into the compound fertilisers business and reduced director remuneration. Investors are cautioned to await the finalised annual results due for release on 31 July 2024 before making investment decisions.
For further insights into HK:1470 stock, check out TipRanks’ Stock Analysis page.