Understanding the Market | SINOLINK HOLD fell nearly 5% as the company recently issued a profit warning, expecting a mid-term attributable loss of no more than HKD 535 million
SINOLINK HOLD fell nearly 5%, as of the time of writing, down 4.99%, at HKD 8, with a transaction volume of HKD 6.3828 million. On the news front, recently, SINOLINK HOLD issued a profit warning, stating that the group expects to incur a loss attributable to the company's owners of no more than HKD 535 million for the six months ending June 30, 2025, compared to a loss of approximately HKD 150.5 million in the same period last year. The announcement stated that the increase in losses is mainly due to the recognition of a fair value loss of approximately HKD 497.9 million on the company's convertible bonds for the six months ending June 30, 2025. The board emphasizes that this fair value loss is a non-cash accounting adjustment, does not involve any cash outflow, and does not reflect the group's underlying core operating performance, but is attributed to the application and compliance with relevant accounting standards
According to Zhitong Finance APP, SINOLINK HOLD (01168) fell nearly 5%, as of the time of publication, down 4.99%, priced at HKD 8, with a transaction volume of HKD 6.3828 million.
On the news front, recently, SINOLINK HOLD issued a profit warning, with the group expecting to incur a loss attributable to the company's owners of no more than HKD 535 million for the six months ending June 30, 2025, compared to a loss of approximately HKD 150.5 million in the same period last year.
The announcement stated that the increase in losses is mainly due to the recognition of a fair value loss of approximately HKD 497.9 million on the company's convertible bonds for the six months ending June 30, 2025. The board emphasizes that this fair value loss is a non-cash accounting adjustment, does not involve any cash outflow, and does not reflect the group's underlying core operating performance, but is attributed to the application and compliance with relevant accounting standards
