Sinolink Worldwide expects substantial profit for 2024

Sinolink Worldwide Holdings Limited (HKEX:1168) announced a positive profit alert, projecting a profit attributable to owners of the company of no less than HK$3.5 billion for the year ended December 31, 2024. This represents a substantial improvement compared to the approximate HK$278 million loss recorded in the previous year. The expected turnaround is primarily attributed to one-off gains from the business combination of Rockefeller Group Asia Pacific, Inc., into an indirectly wholly-owned subsidiary. Shareholders and potential investors are advised to exercise caution when dealing in the company's shares. The annual results are expected to be confirmed and released on March 24, 2025.