Prosperity Real Estate Investment Trust (0808.HK) Stock

About Prosperity Real Estate Investment Trust

Prosperity Real Estate Investment Trust is a Hong Kong collective investment scheme authorized under section 104 of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong). Prosperity REIT owns a diverse portfolio of seven high-quality properties in the decentralized business districts of Hong Kong, comprising all, or a portion of, three Grade A office buildings, one commercial building, two industrial/office buildings and one industrial building, with a total gross rentable area of about 1.28 million sq. ft.. Prosperity Real Estate Investment Trust was established and incorporated on November 29, 2005 in Hong Kong.

Prosperity Real Estate Investment Trust (0808.HK) stock trades at $1.47 with a market capitalization of $2.35B. The stock is valued at a price-to-earnings (P/E) ratio of -9.19, price-to-book of 0.37, price-to-sales of 5.75. Over the past 52 weeks the stock has ranged between $1.33 and $1.54, and currently trades 4.5% below its 52-week high. It pays a dividend yielding 7.72%.

On profitability, Prosperity Real Estate Investment Trust generates a return on equity (ROE) of -3.88%, an operating margin of 61.68%, a net profit margin of -61.58%.

Official website: www.prosperityreit.com