Shares of Linklogis Inc (09959.HK) surged 5.30% during Wednesday's intraday trading session, following the release of the company's annual financial results and the announcement of a special dividend.

The Hong Kong-listed supply chain finance technology solutions provider reported its fiscal year results on Tuesday after market close. Despite posting an adjusted net loss of RMB 679.3 million, Linklogis achieved a revenue of RMB 1,031 million and a gross profit of RMB 717.3 million. The company's gross margin stood at an impressive 69.6%, indicating strong profitability in its core operations.

Investors appear to be reacting positively to the company's financial performance and its shareholder-friendly move. Linklogis announced a final special dividend of HKD 0.03 per share, which may have contributed to the stock's upward momentum. The market's optimistic response suggests that traders are focusing on the company's revenue growth and high gross margin, potentially viewing the current losses as part of the company's growth strategy in the competitive fintech sector.