LINK HOLDINGS (08237) Issues Profit Alert, Anticipates Turnaround to HK$200 Million Profit for FY2025

Stock News03-25

LINK HOLDINGS (08237) announced that the Group expects to achieve (i) a profit attributable to company owners of approximately HK$200 million for the fiscal year ending December 31, 2025 (FY2025), compared to a loss attributable to company owners of approximately HK$146 million for the fiscal year ending December 31, 2024 (FY2024), representing a turnaround from loss to profit. Additionally, (ii) the segment loss from discontinued operations for FY2025 is expected to be approximately HK$61 million, a decrease from the approximately HK$72 million recorded in FY2024.

The Board of Directors attributes the anticipated turnaround in the company owners' attributable results primarily to the net impact of the following non-cash items: (i) a one-time gain generated from a liquidation process; (ii) a decrease in the provision for impairment losses on non-current assets; and (iii) an increase in the loss from fair value changes on investment properties. The Board notes that the provision for impairment losses on non-current assets and the fair value changes on investment properties are determined prudently based on applicable accounting principles and are subject to potential variation.

The Board further believes that the expected reduction in the segment loss from discontinued operations is mainly due to ongoing operational losses from the Singapore business. Following the completion of the liquidation in late October 2025, the segment performance for FY2025 reflects only a 10-month period, whereas FY2024 covered a full 12-month period.

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