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Prosperity Investment Holdings Limited ( (HK:0310) ) has issued an update.
Prosperity Investment Holdings Limited has announced a profit warning, expecting a consolidated loss of approximately HK$17.49 million for the year ended 31 December 2024, which marks a decrease from the previous year. The gross proceeds from operations are also expected to drop significantly by 73.72% due to reduced operating activities. Consequently, the company is anticipated to report net liabilities of approximately HK$10.496 million as of the end of 2024. Trading of the company’s shares remains suspended since April 2024 until further notice, urging shareholders and potential investors to exercise caution.
More about Prosperity Investment Holdings Limited
YTD Price Performance: 0.0%
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: HK$12.11M
For an in-depth examination of 0310 stock, go to TipRanks’ Stock Analysis page.
