Global Link (08060) announced its annual results for the year ending March 31, 2024, with revenues of HKD 134 million, a year-on-year decrease of 4.1%; a net loss of HKD 1.999 million, a year-on-year narrowing of 83.1%; and a basic loss per share of 0.6 HK cents.

Looking back at the year, Guangzhou Global Link has implemented the delivery of onboard information system equipment for projects such as Guangzhou Metro Line 2 Buyout, Line 11, Wuhan Metro Line 16, Qianchuan Line, Harbin Metro Line 1, 2 and 3, and Istanbul Airport Line in Turkey, according to the signed contracts. At the same time, it has also implemented the delivery of spare parts for the urban metro and the subsidiaries of CRRC Corporation. The sales revenue of rail transit information systems in the period was about HKD 70.476 million, an increase of about 19% year-on-year. During the period, the group's CRM business performance in the Greater Bay Area declined, with CRM business sales revenue of about HKD 63.804 million, a decrease of about 21% year-on-year.