PROSPEROUS IND (01731) announces profit increase, with the expected annual profit attributable to shareholders increasing by approximately 90% to 110% year-on-year.

PROSPEROUS IND (01731) announced that it is expected that for the financial year ending December 31, 2024, the company's profit attributable to shareholders will increase by approximately 90% to 110% compared to the financial year ended December 31, 2023. The increase in profit is primarily due to strong demand in the company's major markets in Asia and Europe, leading to increased revenue. Additionally, improved capacity utilization and production efficiency at the company's production facilities have contributed to a higher gross profit margin.