The Revenue Y/Y of Affluent Partners Holdings Limited is -38.21%
Yearly revenue growth is the percentage growth of the company’s revenue over trailing twelve months.
= (revenue past four quarters - revenue previous four quarters) / revenue previous four quarters
The yearly revenue growth rate is calculated as the percentage change in revenue over the trailing twelve months. For this specific metric, the calculation takes into account a series of the last eight quarterly revenues. The revenue growth is useful for determining the success of the company expanding its main business. Revenue growth of 5% to 10% is usually considered good for large-cap companies. For other companies, a sales growth of over 10% is more desirable.
Affluent Partners Holdings Limited, an investment holding company, engages in the purchasing, processing, designing, production, assembling, trading, and wholesale distribution of pearls and jewelry products. The company operates through two segments, Sale of Pearls and Jewellery Products, and Strategic Investment and Financial Services. It offers South Sea, Tahitian, and freshwater pearls; and a range of jewelry products on ODM and OEM basis. The company is also involved in the real estate financial assets investment business. It has operations in Hong Kong, the United Kingdom, the United States, Japan, Europe, and the People's Republic of China. The company was formerly known as Man Sang Jewellery Holdings Limited and changed its name to Affluent Partners Holdings Limited in February 2017. Affluent Partners Holdings Limited was incorporated in 2014 and is based in Central, Hong Kong.