PROSPEROUS IND released its 2024 annual performance, with shareholders' profit attributable to shareholders amounting to USD 29.842 million, an increase of 100.56% year-on-year
PROSPEROUS IND released its 2024 annual performance, with a profit attributable to shareholders of USD 29.842 million, an increase of 100.56% year-on-year. The group's revenue was USD 244 million, an increase of 17.04% year-on-year; total sales volume increased from approximately 19.4 million units in 2023 to approximately 23.5 million units, a growth of 21.4%. Sales revenue in the outdoor and sports category grew strongly, accounting for over 84% of total revenue. The average selling price per unit slightly decreased to USD 10.4
According to the Zhitong Finance APP, PROSPEROUS IND (01731) announced its annual results for the year ending December 31, 2024. The group achieved revenue of USD 244 million during the period, an increase of 17.04% year-on-year; the profit attributable to shareholders was USD 29.842 million, an increase of 100.56% year-on-year; basic earnings per share were 2.66 cents.
The announcement stated that total sales volume increased from approximately 19.4 million units in 2023 to approximately 23.5 million units in the current year, representing an increase of about 4.1 million units or 21.4%. Sales revenue in the outdoor and sports categories experienced strong double-digit growth during the year, driven by robust demand from several sports brand owners. Therefore, in terms of the sales mix across different product categories, sales became more concentrated in the outdoor and sports categories, accounting for over 84% of total revenue (2023: 76%). The average selling price per unit slightly decreased from USD 10.7 to USD 10.4 due to changes in the sales mix
