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Affluent Partners Reports Revenue Surge Amid Net Loss

Affluent Partners Reports Revenue Surge Amid Net Loss

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

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Affluent Partners Holdings reported a significant increase in revenue to HK$70.9 million for the six months ended September 2024, up from HK$25.1 million in the same period last year. Despite a rise in gross profit, the company posted a net loss of HK$1.9 million, primarily due to increased administrative expenses and income tax. Investors may find the revenue growth promising, though the financial results indicate challenges remain.

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

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