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Portsmouth Square, Inc. Announces FY2025 Results; Going-Concern Doubt Alleviated Following March 2025 Hotel Refinancing and Strong Operating Trends
Globenewswireยท 2025-10-09 21:21
Los Angeles, CA, Oct. 09, 2025 (GLOBE NEWSWIRE) -- Portsmouth Square, Inc. ("Portsmouth" or the "Company") (OTC: PRSI) reported results for the fiscal year ended June 30, 2025 and announced that the substantial doubt about the Company's ability to continue as a going concern has been alleviated following the March 28, 2025 hotel refinancing and improving operating performance. FY2025 Highlights - Going Concern: Alleviated based on the March 28, 2025 refinancing, current liquidity, and operating forecasts.- ...