tiprankstipranks
Company Announcements

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.

Discover the Best Stocks and Maximize Your Portfolio:

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.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1