Linklogis Inc. Class B (HK:9959) has released an update.
Linklogis Inc. reports a revenue increase of 5.6% in the first half of 2024 compared to the same period in 2023, with a significant growth of 23.3% in gross profit. However, the company also experienced a substantial rise in losses, with an adjusted loss (non-IFRS) soaring by 136.1%. Despite these financial challenges, Linklogis saw a notable expansion in its customer base for Supply Chain Finance Technology Solutions, with a 20.2% increase in anchor enterprise customers and a customer retention rate improvement of 10 percentage points.
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