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C-Link Squared Limited Reports Increased Revenue but Rising Losses in 2024

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C-Link Squared Limited Reports Increased Revenue but Rising Losses in 2024

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C-Link Squared Limited ( (HK:1463) ) has shared an announcement.

C-Link Squared Limited announced its annual results for the year ended December 31, 2024, revealing a revenue increase of 3.4% to approximately RM97.0 million. Despite this growth, the company experienced a significant rise in losses, with a loss attributable to equity holders reaching approximately RM21.4 million, up from RM4.2 million the previous year. The Board has decided not to recommend a final dividend for the year. These results indicate challenges in managing costs and profitability, impacting the company’s financial health and shareholder returns.

More about C-Link Squared Limited

C-Link Squared Limited is a company incorporated in the Cayman Islands, operating in the technology sector. It focuses on providing comprehensive IT solutions and services, catering to various market needs.

YTD Price Performance: -23.81%

Average Trading Volume: 249,851

Technical Sentiment Signal: Buy

Current Market Cap: HK$689.8M

Learn more about 1463 stock on TipRanks’ Stock Analysis page.

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