Linkage Global Inc (LGCB) has released an update.
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Linkage Global Inc reported a significant downturn in their first half 2024 financial results, with net revenues falling by nearly 47% to $4.80 million and gross profit dropping by 64% compared to the same period in 2023. The company experienced a net loss of $0.90 million, a stark contrast to the net income of $0.55 million from the previous year, primarily due to tighter Chinese import inspections, currency depreciation, and changes in Google’s incentive policies for digital marketing services.
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