Prosperity Investment Holdings Reports 2024 Loss of HK$17.3M, Revenue Drops to HK$6K from HK$30K in 2023

Reuters
08/29
Prosperity Investment Holdings Reports 2024 Loss of HK$17.<a href="https://laohu8.com/S/MMM">3M</a>, Revenue Drops to HK$6K from HK$30K in 2023

Prosperity Investment Holdings Limited reported its audited financial results for the year ended December 31, 2024. The company announced a significant decrease in gross proceeds from operations, which fell to HK$4.3 million from HK$16.5 million in the previous year. Revenue also saw a decline, dropping to HK$6,000 from HK$30,000 in 2023. The Group reported a loss after tax of approximately HK$17.3 million for the year, an improvement from the HK$22.4 million loss in 2023. This reduction in loss was partly due to decreased finance costs and investment management expenses. The loss was primarily attributed to a HK$0.3 million loss from changes in the fair value of listed equity investments. Throughout the year, the company focused on managing existing investments and optimizing its operational cost base while also attempting to raise new capital for future growth. The Group continued its investment activities in both listed and unlisted securities but did not make any new unlisted investments during the year. The stock prices and fair values of its listed investments showed mixed results due to market conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Prosperity Investment Holdings Limited published the original content used to generate this news brief on August 29, 2025, and is solely responsible for the information contained therein.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

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