Chinlink International Predicts Significant Loss Amid Economic Struggles

Chinlink International Holdings Limited (HK:0997) has released an update.

Chinlink International Holdings Limited has issued a profit warning, projecting a significant consolidated loss of at least HK$225 million for the six months ending September 2024. This anticipated loss surpasses the previous year’s figures, primarily due to a decline in revenue from financial services and property investments amid economic challenges in China. Investors are urged to exercise caution as the company’s interim results are yet to be finalized.

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