LINK HOLDINGS (08237) announced a profit for the year, with an expected annual shareholder profit of approximately 200 million Hong Kong dollars in 2025, turning from a loss to a profit compared to the previous year.

LINK HOLDINGS (08237) announced that the group is expected to achieve (i) a profit attributable to owners of the company of approximately HK$200 million for the year ended December 31, 2025 (2025 fiscal year), compared to a loss attributable to owners of approximately HK$146 million for the year ended December 31, 2024 (2024 fiscal year), and (ii) a loss of approximately HK$61 million from the discontinued operations for the 2025 fiscal year, which is a decrease from the gain of approximately HK$72 million for the 2024 fiscal year. The board of directors believes that the expected turnaround in the performance attributable to owners of the company from loss to profit is mainly due to the net impact of the following non-cash items: (i) one-time gains from the liquidation; (ii) decrease in impairment provision for non-current assets; and (iii) increase in fair value loss on investment properties. As impairment provision for non-current assets and fair value loss on investment properties are made prudently based on applicable accounting principles, there may be changes. Furthermore, the board of directors believes that the expected decrease in losses from discontinued operations is mainly due to the continued operating losses from the Singapore operations. After the completion of the liquidation in late October 2025, the performance of the discontinued operations for the 2025 fiscal year reflects only a 10-month period, while the 2024 fiscal year reflects a 12-month period.