tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Prosperity Group Reports Reduced Losses for FY2025

Story Highlights
Prosperity Group Reports Reduced Losses for FY2025

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest update is out from Kingbo Strike Ltd. ( (HK:1421) ).

Prosperity Group International Limited reported its annual financial results for the year ending June 30, 2025. The company experienced a decline in revenue from HK$160,732,000 in 2024 to HK$142,910,000 in 2025, and a reduced net loss of HK$18,104,000 compared to HK$44,057,000 the previous year. Despite the losses, the company saw improvements in gross profit and a reduction in administrative expenses. The total comprehensive expense for the year also decreased, reflecting a better financial position compared to the previous year.

The most recent analyst rating on (HK:1421) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Kingbo Strike Ltd. stock, see the HK:1421 Stock Forecast page.

More about Kingbo Strike Ltd.

Average Trading Volume: 893,301

Technical Sentiment Signal: Sell

Current Market Cap: HK$62.56M

For an in-depth examination of 1421 stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1