C-Link Squared (HKG:1463) expects an attributable loss of 21 million ringgit for the year 2024, up from 4.2 million ringgit a year prior, a Monday filing with the Hong Kong bourse said.

The IT service manager attributed the anticipated wider loss mainly to impairment losses of goodwill related to its cash-generating unit engaged mainly in the provision of internet hospitals and brick-and-mortar clinical services in China.