Prosperous Future Holdings Limited
PRFUF
Other OTC0.00
USD
- -
- -
ISIN
KYG7283L1095
CUSIP
G7283L109
Return %
Stock
S&P500
1Y
- -
18.86
3Y
-94.79
64.57
5Y
-95.00
71.65
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Ka Lau
- Full Time Employees
- 164
- Sector
- Consumer Defensive
- Industry
- Household & Personal Products
- Address
- Fung House Central Hong Kong
- IPO Date
- Apr 16, 2013
- Website
- pfh.hk
- Similar Companies
- Business
- Prosperous Future Holdings Limited (1259.HK; PRFUF), an investment holding company incorporated in 2011 and headquartered at 17/F., EC Healthcare Tower (Central), Nos. 19-20 Connaught Road Central, Central, Hong Kong, operates through food and beverage services, financial business, properties holding, and investment holding segments primarily in Hong Kong with international reach. The Group principally engages in the sale of frozen food and beverage products; provision of professional financial services encompassing fund setup and administration, consultancy and coordination, corporate and accounting services, data analysis, securities and asset management advice, securities investments, money lending, securities and futures brokerage, margin financing, and credit card issuing to individuals and corporations; and properties redevelopment and holding activities including leasing industrial properties in Cheung Sha Wan, Hong Kong. In its food and beverage segment, it focuses on premium products amid competitive pressures, recording revenue of HK$405.4 million in 2024; the financial business contributed HK$101.7 million from diverse services including a new insurance arm where a non-wholly owned subsidiary obtained a Cayman Islands Monetary Authority license for private placement life insurance products offering death benefits and investment growth; properties holding generated HK$1.4 million from leasing with ongoing redevelopment. Recent developments include the November 2024 disposal of its entire interest in Apex Magic International Limited and subsidiaries, which held Yuen Long properties for redevelopment, to Deutschland Auto Spare Parts GMBH Limited for HK$27 million, yielding a net gain of HK$1.9 million; full-year effects from prior disposals such as China Cold Chain Co. Limited in 2023, ceasing temperature-controlled storage operations; expansion into credit card issuing commenced in 2023; and strategic plans for 2025 emphasizing balanced growth in food and beverage alongside comprehensive financial services including insurance amid global uncertainties. The Cayman Islands-incorporated entity, formerly Future Development Holdings Limited until its September 2019 name change, employs 164 staff and maintains a diversified portfolio with securities investments valued at HK$183.5 million as of December 2024.