Linklogis (HKG:9959) expects a wider net loss attributable to equity shareholders of 370 million to 390 million yuan for the six months ended June 30, compared with a loss of 240.8 million yuan a year earlier, according to an Aug. 15 Hong Kong bourse filing.
Revenue for the period is expected to decline roughly 9% year-on-year.
The wider loss also reflects higher impairment provisions on historical supply chain assets held for warehousing.
Linklogis is finalizing its interim results, expected to be disclosed by the end of August.