Health and Happiness (H&H) International Holdings (HK:1112) has released an update.
Health and Happiness (H&H) International Holdings reports a slight decrease in revenue due to lower infant milk formula sales, offset by strong growth in adult and pet nutrition. Despite challenges in the infant nutrition sector, the company saw robust demand for its adult nutrition products and innovation in categories like Swisse Plus+ and gummies. The Group’s Adjusted EBITDA is expected to drop by 10%-20%, yet maintaining a mid-to-high teens margin.
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