Global Link Communications Holdings Limited provided consolidated earnings guidance for the year ended 31 March 2024. For the year, it is anticipated that the Group the Group would record a loss attributable to the equity shareholders of the Company in the amount of not more than HKD 2.5 million, as compared to the loss attributable to the equity shareholders of the Company of approximately HKD 11.8 million for the corresponding year in 2022/2023. The expected decrease in loss is mainly due to (i) the increase in revenue generated by the business segment of supply, development and integration of railway passenger information system, which led to an increase in the Group's gross profit, compared to the financial year 2022/2023; and (ii) the reversal of impairment loss of certain trade receivables of the Group.
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- Global Link Communications Holdings Limited Provides Consolidated Earnings Guidance for the Year Ended 31 March 2024