AFC Group Holdings Limited (AFC Group) has reported its financial results for the six months ended 30 September 2022, with a 12% increase in net assets to NZ$618 thousand.
Total revenue was NZ$671 thousand, a 602% growth compared to the previous corresponding period, leading to a net profit of NZ$65 thousand.
To further increase sales and save costs, AFC Group has implemented various measures such as launching marketing campaigns, reducing director remuneration and office space integration.
They have also participated in product exhibitions and cooperated with distributors to boost sales.
It is expected that revenue will increase in the next half-year.
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