WALNUT CAP (00905) Issues Profit Warning, Expects Interim Shareholders' Loss to Widen 40%-50% Year-on-Year
Stock News
Aug 22
WALNUT CAP (00905) announced that the group expects to record a loss attributable to owners of the company for the six months ended June 30, 2025, representing an increase of approximately 40% to 50% compared to the loss attributable to owners of the company of HK$18.7 million recorded in the same period last year. The increased loss is mainly due to (i) recognition of impairment losses on cryptocurrencies; and (ii) increases in administrative expenses and other operating expenses, which were partially offset by reduced losses arising from fair value changes of financial assets at fair value through profit or loss.
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