Chief Executive Officer’s
View More

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 2023 (the “Reporting Period”) to the shareholders.

During the Reporting Period, the Group disposed its subsidiary engaged in provision of temperature-controlled storage and ancillary services business. During the year ended 31 December 2022, the Group disposed certain subsidiaries that were engaged in manufacturing and sale of personal care products, compliance advisory services as well as finance leasing and factoring. All of those disposed businesses are presented as discontinued operations in the consolidated financial statements. The revenue of the Group’s continuing operations was approximately HK$517.4 million, representing an increase of approximately 3.8% from HK$498.5 million for the year ended 31 December 2022. Loss attributable to equity holders of the Company amounted to approximately HK$38.7 million as compared to loss of HK$88.9 million for the corresponding period in 2022; basic loss per share attributable to equity holders of the Company was HK$1.7 cents as compared to basic loss per share of HK$3.9 cents for the corresponding period in 2022.

In 2024, the Group will continue to pursue its long-term goal of building up a balanced portfolio mainly composed of food and beverage services business and comprehensive financial services businesses. In light of the slow recovery momentum from the epidemic, regional conflicts across various countries, and fallout from the Federal Reserve's interest rate hikes, the Group will closely monitor its development and keep on assessing the performance of its existing businesses, which include the provision of food and beverage services, financial services, property holding and investment holding. With Hong Kong's unique position as a bridge connecting mainland China with the world, the Group will continue to look for opportunities in financial services.

Last but not least, I would like to thank all our colleagues, clients and business partners for their continued support and loyalty. I would also like to recognize our colleagues’ commitment and contribution toward the diligence in the developments of the Group. My appreciation also extends to our shareholders for their trust, as well as their kind understanding and recognition of the Group’s future development plan.

Prosperous Future Holdings Limited
Mr. Lau Ka Ho
Chief Executive Officer