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Affluent Partners Holdings ( (HK:1466) ) just unveiled an update.
Baijin Life Science Holdings Limited, operating in the skincare industry, has announced a supplemental update to its 2025 Annual Report. The company recognized a goodwill impairment of approximately HK$20 million related to its acquisition of Tonnett Julis Holdings Limited. This impairment was due to the underperformance of Tonnett Group, particularly in its online sales strategy, which led to a shift towards partnering with larger distributors and the development of a flagship beauty club. The company believes this strategic pivot will benefit long-term growth but has temporarily decreased revenue.
The most recent analyst rating on (HK:1466) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Affluent Partners Holdings stock, see the HK:1466 Stock Forecast page.
More about Affluent Partners Holdings
Average Trading Volume: 481,702
Technical Sentiment Signal: Sell
Current Market Cap: HK$472.9M
For an in-depth examination of 1466 stock, go to TipRanks’ Overview page.