Prosperity Group Reports Reduced Losses for FY2025
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Prosperity Group International Limited reported reduced losses for FY2025, with a net loss of HK$18,104,000, down from HK$44,057,000 in FY2024. Revenue declined from HK$160,732,000 to HK$142,910,000, but improvements in gross profit and lower administrative expenses were noted. The total comprehensive expense also decreased, indicating a better financial position. Analyst rating for Kingbo Strike Ltd. (HK:1421) is a Hold with a price target of HK$0.50.
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