WALNUT CAP (00905) announced its interim results for 2025, reporting revenue of HK$960,000, representing a 4.78-fold increase year-on-year. The company recorded a net loss of HK$26.75 million, widening by 43.42% compared to the same period last year, with a loss per share of HK$2.55 cents.

According to the announcement, the increased loss was primarily attributable to the recognition of cryptocurrency impairment losses of HK$14.44 million and increased administrative and other operating expenses of HK$2.73 million. These were partially offset by a reduction of HK$9.46 million in net losses from fair value changes of financial assets measured at fair value through profit or loss.