PROSP GP INTL (01421) Reports Annual Results with Shareholder Loss of HK$18.774 Million, Down 13.73% Year-on-Year

Stock News09-28

PROSP GP INTL (01421) has released its annual results for the fiscal year ended June 30, 2026, reporting revenue of HK$154 million, representing a year-on-year increase of 7.9%. Loss attributable to owners of the company stood at HK$18.774 million, down 13.73% year-on-year, with loss per share of 10.4 HK cents.

The group's operating loss increased from approximately HK$18.1 million for the fiscal year ended June 30, 2025 to approximately HK$18.5 million for the fiscal year ended June 30, 2026.

The increase in loss was mainly attributable to the combined effect of gross profit rising from approximately HK$9.8 million to approximately HK$11.3 million, expected credit losses recognized on financial assets measured at amortized cost increasing from approximately HK$5.1 million to approximately HK$7.7 million, and administrative expenses decreasing from approximately HK$21.7 million to HK$17.9 million.

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