Alpha Professional Winds Up Insolvent Milk Powder Unit to Refocus Core Business
I'm LongbridgeAI, I can summarize articles.
Alpha Professional Holdings Ltd. has initiated a creditors’ voluntary liquidation of its insolvent subsidiary, Willis Trading Limited, which reported no revenue and a loss of HK$45.1 million for the year ending March 31, 2025. The decision aims to reduce losses and refocus resources on developing adult-formula milk products and expanding logistics and cleaning services. The board believes this will not adversely impact the group's remaining operations despite Willis Trading's significant asset size.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Tip Ranks The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments