Kinglink Group (01751) issued a profit warning. It is expected that the net loss attributable to owners of the company in the first half of the year will not be less than 4 million Hong Kong dollars, turning from profit to loss year-on-year.

The Wise Financial News App reports that Jinglian Group (01751) has announced that the group is expected to incur a net loss attributable to owners of the company of not less than 4 million Hong Kong dollars in the first half of 2025, while in the first half of 2024, the group reported a profit of approximately 9.8 million Hong Kong dollars attributable to owners of the company. The board of directors believes that the expected loss is mainly due to a significant decrease in revenue and a decline in gross profit margin. The decrease in revenue and gross profit margin during the period is mainly attributed to delays in the progress of several projects compared to the same period in 2024.