Prosperous Future Holdings Ltd. Stock List: 1259.hk

Chairman’s Statement

Dear Shareholders,

 

On behalf of the board (the “Board”) of directors (the “Director(s)”) of Prosperous Future Holdings Limited (the “Company”, together with its subsidiaries, the “Group”, stock code: 1259.HK), I would like to extend my sincere gratitude to all shareholders and all sectors of the community for your constant support, and present the financial results and operating performance of the Group for the year ended 31 December 2019 (the “Reporting Period”) to the shareholders.
 
For the year ended 31 December 2019, the revenue of the Group’s continuing operations was approximately RMB830.2 million, representing an increase of approximately 34.0% from RMB619.7 million for the year ended 31 December 2018. Loss attributable to equity holders of continuing operations of the Company amounted to approximately RMB73.4 million as compared to loss of RMB435.3 million for the corresponding period in 2018; basic loss per share attributable to equity holders of the Company was RMB4.6 cents as compared to basic loss per share of RMB34.1 cents for the corresponding period in 2018.
 
Looking forward in 2020, the Group will continue to strengthen, develop and diversify its business portfolio in a sustainable manner. In light of the slowdown of the economy in the PRC, the intensified conflicts in international trade and volatility in the stock markets, the Group will continue to adopt a prudent approach for the development of its businesses, including personal care business, money lending business, trading of commodities, securities investment, properties holding and investment holding and provision of food and beverage services.
 
On behalf of the Board, I would like to take this opportunity to express my gratitude to all of our employees and the management for their hard work and contribution in the past year. I would also like to extend my appreciation again to all our shareholders for your support, as well as your kind understanding and recognition of the Group’s future development plan.
Prosperous Future Holdings Limited
Mr. Tsai Wallen
Chairman



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