Medialink Group Limited (02230) said the group expects to record a significant decrease in revenue and profit attributable to equity holders of the company for the six months ended 30 September 2019 as compared to the same period in 2018.
This was due to (i) unfavourable global economic outlook resulting in less revenue from Media Content Distribution Business, and increase in staff costs, the one-off listing expenses, and increase in professional expenses for compliance recognized for the interim period.
The decrease was partially offset by an increase in revenue from Brand Licensing Business with sustained business growth.
14/11/2019 14:51
Medialink Group (02230) sees huge decrease in interim net
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