Sinolink Worldwide warns of HK$535m loss from bonds

Sinolink Worldwide Holdings anticipates a loss of up to HK$535 million for the six months ended June 30, 2025, compared to HK$150.5 million in the same period last year.

The increase is largely due to a HK$497.9 million fair value loss on convertible bonds, which is a non-cash accounting adjustment that doesn't impact cash flow.

A further HK$476.5 million non-cash charge is expected in full-year results after convertible bonds were fully converted on July 24, 2025.