Fragrant Prosperity Holdings Ltd (GB:FPP) has released an update.
Fragrant Prosperity Holdings Ltd reported a net loss of £111,877 for the fiscal year ending March 31, 2024, a slight improvement from the previous year’s loss of £126,237. The company, which has been struggling to complete acquisitions due to challenging market conditions, is considering a recapitalization to strengthen its balance sheet in anticipation of better market conditions. With £109,688 in cash at year-end, Fragrant Prosperity Holdings continues to seek potential acquisition targets within the technology and medicinal cannabis sectors in Europe and Asia.
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