tiprankstipranks
Trending News
More News >

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.

Elevate Your Investing Strategy:

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.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1