Linklogis Anticipates Larger First-Half Loss but Remains Optimistic

Linklogis Inc. Class B (HK:9959) has released an update.

Linklogis Inc. has issued a profit warning, expecting a significant increase in net loss for the first half of 2024 compared to the previous year, primarily due to increased impairment losses on financial assets and higher operating expenses related to product and customer expansion. Despite the short-term challenges, the company’s Board of Directors remains optimistic about improving financial performance through strategic adjustments and operational efficiency enhancements. Investors are cautioned not to rely solely on this preliminary information for their trading decisions.

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