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World-Link Logistics (Asia) Holding Ltd ( (HK:6083) ) has issued an update.
World-Link Logistics (Asia) Holding Limited announced its annual financial results for the year ending December 31, 2024, reporting a revenue increase to HK$351,375,000 from HK$331,204,000 in 2023. Despite the revenue growth, the company’s profit for the year decreased to HK$18,571,000 from HK$20,045,000 in the previous year, attributed to increased finance costs and other operational expenses. The announcement highlights a strategic focus on maintaining financial stability amidst rising costs, which may impact the company’s future profitability and stakeholder interests.
More about World-Link Logistics (Asia) Holding Ltd
World-Link Logistics (Asia) Holding Limited operates in the logistics industry, providing comprehensive logistics solutions. The company focuses on offering services such as freight forwarding, warehousing, and distribution, primarily targeting the Asian market.
YTD Price Performance: -8.33%
Average Trading Volume: 128,129
Technical Sentiment Signal: Sell
Current Market Cap: HK$138M
For detailed information about 6083 stock, go to TipRanks’ Stock Analysis page.