Prosperous Industrial (Holdings) Ltd. ( (HK:1731) ) just unveiled an update.
Prosperous Industrial (Holdings) Limited reported its annual financial results for the year ending December 31, 2024, showing significant growth. The company achieved a revenue of US$243.6 million, up from US$208.1 million in 2023, and a gross profit of US$60.8 million, compared to US$43.8 million the previous year. The profit attributable to shareholders more than doubled to US$29.8 million from US$14.9 million in 2023, indicating a strong financial performance and improved operational efficiency. Despite a slight decrease in other comprehensive income, the overall comprehensive income for shareholders increased to US$29.1 million from US$13.3 million, reflecting the company’s robust market positioning and potential positive implications for stakeholders.
More about Prosperous Industrial (Holdings) Ltd.
Prosperous Industrial (Holdings) Limited operates in the manufacturing industry, focusing on producing and distributing a range of industrial products. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange.
YTD Price Performance: 10.59%
Average Trading Volume: 511,508
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$1.03B
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