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Affluent Partners Holdings Reports Annual Loss

Affluent Partners Holdings Reports Annual Loss

Affluent Partners Holdings (HK:1466) has released an update.

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Affluent Partners Holdings Limited reported a significant shift in their financial performance with a loss of HK$8,545,000 for the financial year ended 31 March 2024, as opposed to the HK$8,676,000 profit of the previous year. The company experienced a decrease in revenue and faced higher administrative expenses, leading to an operating loss of HK$9,576,000. Despite this downturn, the company is set to resume trading, signaling a new phase in its financial trajectory.

For further insights into HK:1466 stock, check out TipRanks’ Stock Analysis page.

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