Prosperous Industrial (Holdings) reports strong rebound, boosts dividend

Prosperous Industrial (Holdings) (HKEX:1731) announced a robust rebound in its financial performance for the year ended December 31, 2024, driven by increased customer orders and improved production efficiency. The company's revenue surged to approximately US$243.6 million, a 17.0% increase compared to the US$208.1 million reported in 2023. Profit attributable to shareholders reached a record high of approximately US$29.8 million, a 100.6% increase from the previous year. Basic earnings per share also doubled, rising to 2.66 US cents.