Alpha Professional Anticipates Profit Surge Post-Acquisition

Alpha Professional Holdings Ltd. (HK:0948) has released an update.

Alpha Professional Holdings Ltd. has disclosed a profit forecast following its acquisition of a 70% stake in a target company, as per the valuation by an independent valuer using the discounted cash flow method. The company has complied with the Listing Rules by providing necessary details, including principal assumptions and expert qualifications, backed by confirmation letters from its auditors and the board. This move anticipates positive financial prospects for the company, which is likely to engage stakeholders in the stock market.

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