8VI Holdings Ltd (AU:8VI) has released an update.
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8VI Holdings Ltd reported a focus on expansion in its Prevention Care business through its subsidiary AlphaVI, which has broadened its wellness product range and seen a slight sales increase. Financially, the company experienced a significant revenue drop due to the suspension of sales from its V-College operation, but showed improved cash flow from customer receipts, primarily from the AlphaVI division. Liquid assets decreased by 11.6%, with the company maintaining financial prudence in a challenging market.
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