Alpha Professional Holdings Ltd. (HK:0948) has released an update.
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Alpha Professional Holdings Limited anticipates a reduction in loss for the six months ending September 2024, despite a significant drop in revenue due to decreased sales volume of milk powder and property investment income. The expected loss reduction is attributed to increased gross profit from changing milk powder brands, a new e-commerce platform, and expanded logistics services, alongside decreased impairment losses. However, administrative expenses have risen due to higher staff costs and legal fees.
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