ProsperCap Forecasts Net Loss in 2024; Shares Slide 6%

MT Newswires

02/19

ProsperCap (SGX:PPC) is expected to book a net loss for the year ended Dec. 31, 2024, according to a filing with the Singapore Exchange on Tuesday.

The net loss is mainly due to one-off deemed listing expenses from the completion of a reverse takeover exercise.

The company will release its financial findings on or before March 1.

Shares of the real estate investment firm were down nearly 6% in recent trading.

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