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Prosperous Industrial (Holdings) Ltd. ( (HK:1731) ) has issued an announcement.
Prosperous Industrial (Holdings) Ltd. has renewed the annual caps for maintenance, utilities and other charges payable under its existing long-term Vietnam lease arrangements and signed a new 2025 Property Management Agreement with connected party Pou Sung Vietnam to ensure continued property management services for its Vietnam leased premises after the current agreement expires at the end of 2025. The company reported that actual transaction amounts for 2025 to date are below the existing annual caps and expects these caps will not be exceeded, indicating stable cost control for its Vietnam operations while maintaining long-term operational continuity at its Vietnam production base and complying with connected transaction requirements under Hong Kong listing rules.
The most recent analyst rating on (HK:1731) stock is a Buy with a HK$1.00 price target. To see the full list of analyst forecasts on Prosperous Industrial (Holdings) Ltd. stock, see the HK:1731 Stock Forecast page.
More about Prosperous Industrial (Holdings) Ltd.
Prosperous Industrial (Holdings) Ltd., listed in Hong Kong, operates manufacturing and related facilities including a Vietnam production base, where it uses leased factories, offices and warehouses to support its industrial operations.
Average Trading Volume: 218,836
Technical Sentiment Signal: Buy
Current Market Cap: HK$840M
For an in-depth examination of 1731 stock, go to TipRanks’ Overview page.