Prosperity Investment Warns of Continued Losses

Prosperity Investment Holdings Limited (HK:0310) has released an update.

Prosperity Investment Holdings Limited has issued a profit warning, anticipating a consolidated loss of HK$9.46 million for the first half of 2024, which is a slight improvement over the previous year’s loss. The company has also experienced a significant decrease in gross proceeds from operations, attributing the downturn primarily to reduced operating activities and unrealized loss from financial assets. Additionally, trading of the company’s shares has been suspended since April 2, 2024, and will continue until further notice.

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