C-LINK SQ (01463) Issues Profit Warning, Expects Net Comprehensive Loss Attributable to Shareholders of Approximately MYR 167 Million for Interim Period
Stock News
Aug 21
C-LINK SQ (01463) announced that the group expects to record a net comprehensive loss attributable to company owners of approximately MYR 167 million for the first half of 2025, compared to a net comprehensive profit attributable to company owners of approximately MYR 1.1 million for the six months ended June 30, 2024. The expected net comprehensive loss attributable to company owners is primarily due to goodwill impairment losses of approximately MYR 165.9 million in the first half of 2025 for the group's cash-generating units mainly engaged in providing internet hospital and physical clinic services in China, based on preliminary independent valuations conducted by independent valuers and provided recently.
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