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C-Link Squared Limited ( (HK:1463) ) has provided an update.
C-Link Squared Limited has issued a profit warning, indicating an expected consolidated net loss of approximately RM21.0 million for the fiscal year ending December 31, 2024, compared to a RM4.2 million loss in the previous year. This increase in net loss is mainly due to impairment losses of goodwill related to its cash-generating unit in China, partially offset by reduced staff costs. The financial results are still being finalized and are subject to adjustments, with the final results expected to be published by the end of March 2025.
More about C-Link Squared Limited
C-Link Squared Limited is a company incorporated in the Cayman Islands, primarily engaged in providing internet hospital and brick-and-mortar clinical services in the People’s Republic of China.
YTD Price Performance: -31.11%
Average Trading Volume: 280,730
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$623.7M
Learn more about 1463 stock on TipRanks’ Stock Analysis page.