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An announcement from Alpha Professional Holdings Ltd. ( (HK:0948) ) is now available.
Alpha Professional Holdings Ltd. has issued a profit warning, anticipating a substantial drop in revenue and a significant loss of up to HK$200 million for the year ending March 31, 2025. This downturn is attributed to decreased sales volume of milk powder, reduced revenue from property investments, and a loss from arbitral awards involving its subsidiaries. Additionally, increased costs from newly acquired e-commerce operations and logistics services have further impacted financial performance.
More about Alpha Professional Holdings Ltd.
Alpha Professional Holdings Ltd. is a company incorporated in Bermuda with limited liability, primarily engaged in the sales of milk powder and property investment. The company has also expanded its operations to include e-commerce platforms and logistics services.
Average Trading Volume: 58,818
Technical Sentiment Signal: Sell
Current Market Cap: HK$76.84M
For an in-depth examination of 0948 stock, go to TipRanks’ Overview page.