GLOBAL LINK (08060) issues profit warning, expecting a mid-term attributable loss to equity holders of not more than HKD 5.9 million.

Global Link (08060) announced that it is expected to incur a loss attributable to equity holders of the company of no more than 5.9 million Hong Kong dollars for the six months ending September 30, 2025, compared to a loss of approximately 480,000 Hong Kong dollars in the same period last year. The expected loss is mainly due to the following factors: (1) during the period, the group's rail transportation vehicle information system business completed the delivery of previous projects, but new projects have not yet commenced mass delivery, resulting in a decrease in the volume of deliveries during the transition period, leading to a decrease in revenue from rail transportation business compared to the same period last year; (2) at the same time, the entry of emerging artificial intelligence and big data technology companies into the customer relationship management industry has intensified competition, thereby affecting revenue, resulting in a decrease in revenue from the group's customer relationship management business compared to the same period last year; and (3) the group incurred impairment losses on certain trade receivables.