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Affluent Foundation Holdings Sees Revenue Dip, Profit Slump

Affluent Foundation Holdings Sees Revenue Dip, Profit Slump

Affluent Foundation Holdings Ltd. (HK:1757) has released an update.

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Affluent Foundation Holdings Ltd. reported a slight decrease in revenue to HK$125.4 million for the first half of 2024, while gross profit improved by 17.2% compared to the same period last year. Despite higher gross profits, the company’s profit attributable to equity holders fell significantly to HK$94,000, prompting a decision not to distribute interim dividends.

For further insights into HK:1757 stock, check out TipRanks’ Stock Analysis page.

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