Chinlink International to Widen Fiscal H1 Loss

MT Newswires Live
2024-11-25

Financial services provider Chinlink International (HKG:0997) expects to widen its loss to at least HK$225 million for the six months ended Sept. 30 from a year prior, a Monday bourse filing said.

The firm attributed the higher anticipated loss mainly to lower revenue from financial guarantee and other financing services and property investment businesses, as well as a substantial loss on the fair value change of investment properties.

Price (HKD): $0.02, Change: $-0.0020, Percent Change: -8.00%

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