Affluent Partners Holdings Limited Announces Significant Reduction in Loss for FY 2025

Reuters
Jul 24
<a href="https://laohu8.com/S/MNNGF">Affluent Partners</a> Holdings Limited Announces Significant Reduction in Loss for FY 2025

Affluent Partners Holdings Limited has issued a profit alert indicating a significant reduction in loss for the financial year ending 31 March 2025. Based on a preliminary assessment of the unaudited consolidated management accounts, the Group is expected to report a loss of approximately HK$0.1 million, a notable improvement compared to the loss of approximately HK$8.5 million for the year ending 31 March 2024. The decrease in loss is primarily attributed to an increase in revenue and gross profit from the jewellery business segment, a rise in the reversal of allowances for expected credit losses on trade and other receivables, an increase in other gains, and offsets from impairment loss on goodwill and increased administrative expenses. The Company advises shareholders and potential investors to review the detailed results announcement, expected to be published on 25 July 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Affluent Partners Holdings Limited published the original content used to generate this news brief on July 24, 2025, and is solely responsible for the information contained therein.

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