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Prosperous Future Holdings ( (HK:1259) ) has provided an update.
Prosperous Future Holdings Limited reported its annual financial results for the year ended December 31, 2024, showing a slight decrease in revenue from continuing operations to HK$508.5 million, down 1.7% from the previous year. Despite the revenue decline, the company achieved a 10.5% increase in gross profit, reaching HK$130.5 million, and improved its gross profit margin to 25.7%. However, the company experienced a higher loss attributable to equity holders, amounting to HK$53.7 million, compared to HK$38.7 million in 2023, indicating challenges in managing costs and investments.
More about Prosperous Future Holdings
Prosperous Future Holdings Limited is a company incorporated in the Cayman Islands, operating with a focus on various business sectors. The company’s primary services and market focus are not explicitly detailed in the announcement.
YTD Price Performance: 20.0%
Technical Sentiment Signal: Buy
Current Market Cap: $19.27M
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