Prosperous Industrial (Holdings) Ltd.
HHKEX:17310.73
HKD
0.00
(0.00%)
ISIN
KYG7283E1052
CUSIP
G7283E105
Return %
Stock
S&P 500
1Y
-8.23
14.20
3Y
0.69
81.12
5Y
-49.30
68.34
Capital Structure
USD
•
in mil. unless spec.Working Capital
USD
•
in mil. unless spec.Growth Rates
USD
•
in mil. unless spec.Semi-annual Revenue
USD
•
in mil. unless spec.Semi-annual Earnings Per Share
USD
•
in mil. unless spec.Semi-annual Dividends Per Share
USD
•
in mil. unless spec.Company Description
- CEO
- Shu Hung Yeung
- Full Time Employees
- 7,800
- Sector
- Consumer durables
- Industry
- Recreational products
- Address
- Join-In Hang Sing Centre Hong Kong NT Hong Kong
- IPO Date
- Jul 13, 2018
- Website
- pihl.hk
- Similar Companies
- Business
- Prosperous Industrial (Holdings) Limited is an investment holding company principally engaged in the design, development, manufacturing, and sale of recreational bags and packs. Its core product portfolio includes sports bags, handbags, luggage bags, laptop cases, cosmetic bags, outdoor and sporting bags such as day packs and overnight backpacks with larger volumes, functional bags including camera backpacks with multiple pockets and waterproof hydration backpacks, and fashion and casual bags. The company also provides comprehensive supply chain management services, including product development, product design optimization, raw material recommendation and development, prototyping, production management, quality control, logistics, and delivery. Additionally, Prosperous Industrial is involved in raw material sourcing services and retail, as well as property investment. The company serves multinational sports and lifestyle brands primarily in North America, Asia, and Europe. Founded in 1970 and headquartered in Kwai Chung, Hong Kong, Prosperous Industrial operates a multi-regional manufacturing platform comprising production facilities in the People's Republic of China, Vietnam, and Cambodia. This geographic diversification allows the company to benefit from preferential import tariffs and optimize international trading policies, offering customers comprehensive shipping options. The company also has branch offices including one in Taiwan and is a subsidiary of Prosperous Holdings (Overseas) Limited. Recently, Prosperous Industrial has announced a construction contract for land development in Panyu City, signaling a strategic expansion in its property investment segment. Over the past couple of years, the company has enhanced its manufacturing capabilities and flexibility by expanding its production base in Cambodia starting in 2018 and continues to focus on manufacturing innovation and automation to improve efficiency and product quality. It maintains strong partnerships with global brands and emphasizes long-term collaboration and growth within the recreational and lifestyle bags market. The company is financially sound, with a steady revenue stream from manufacturing and sale activities, while continuously reinforcing its competitive position through supply chain integration and innovative production processes. Prosperous Industrial’s key markets include the United States, Belgium, Japan, Mainland China, the Netherlands, Italy, and Hong Kong, reflecting its global operational footprint. The company retains its commitment to environmentally friendly and safe workplaces and adheres to strict corporate codes of conduct aligned with sustainability. Its flagship products cover a wide range of uses such as recreational, functional, and fashion-oriented bags, which cater to diverse consumer needs worldwide. Overall, Prosperous Industrial (Holdings) Limited is a leading global manufacturer and supplier of recreational and lifestyle bags, with significant investments in innovation, production capacity expansion, and property development, positioning it for sustained growth and competitiveness in its sector.