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On August 28, 2023, Linklogis Inc. (09959.HK, “Linklogis”) released 2023 interim results. The total transaction volume processed by Linklogis' technology solutions reached RMB142 billion, a year-over-year increase of 22%, and the total revenue and income from principal activities was RMB390 million. As of June 30, 2023, Linklogis’ cash reserves totaled RMB6 billion, and has partnered with 1,548 anchor enterprises and financial institutions. The total volume of supply chain assets processed by Anchor Cloud reached RMB88.4 billion, a year-over-year increase of 44%, and the total transaction volume of Multi-tier Transfer Cloud increased by 106%, reaching RMB55 billion. Linklogis also won the bidding for 15 projects for the comprehensive supply chain platforms of state-owned enterprises and leading private enterprises.
Linklogis' 2023 interim results are impressive, showing a significant increase in transaction volume and cash reserves. However, it is important to note that the success of the company is largely due to the development of digital technology and the construction of treasury platforms. As the technology industry continues to evolve, Linklogis must remain agile and adaptive to ensure its continued success.
