Express News | Prosperous Future Holdings H1 Revenue HKD 252 Million

Reuters19:54 ET

PROSPER FUTURE: Interim Report 2024

HKEX19:54 ET · Announcements

Prosperous Future Holdings Limited (HKG:1259) Looks Inexpensive After Falling 27% But Perhaps Not Attractive Enough

Simply Wall StAug 30 18:32 ET

PROSPER FUTURE: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2024

HKEXAug 29 06:42 ET · Announcements

Prosperous Future Holdings Expects Wider Loss in H1

MT NewswiresAug 21 09:24 ET

Prosper Future (01259.HK) issued a profit warning: It is expected that the mid-term after-tax net loss will increase.

Prosper Future Holdings (01259.HK) announced that the group expects the net loss after tax for the six months ending June 30, 2024 to increase. The company estimates that the net loss after tax for the six months ending June 30, 2024 will be approximately HKD 29.9 million to HKD 35.9 million, compared to a net loss after tax of approximately HKD 12.6 million in the same period last year. The group's performance incurred this loss mainly due to (i) impairment loss of approximately HKD 9.0 million on properties under development, while an impairment loss reversal of approximately HKD 4.0 million was recorded for the six months ending June 30, 2023.

Gelonghui FinanceAug 21 06:01 ET