Walnut Capital (00905) Fa Ying Guang expects losses attributable to shareholders to increase by about 63% to 68% year-on-year in the medium term

According to the Zhitong Finance App, Walnut Capital (00905) issued an announcement. It is expected that the loss attributable to the Company's owners for the six months ended June 30, 2026 (first half of 2026) will increase by about 63% to 68% compared to the loss attributable to the Company's owners of HK$26.7 million for the six months ended June 30, 2025.

The increase in losses can mainly be attributed to: increased losses from the sale of cryptocurrencies; increased losses due to changes in the fair value of financial assets that account for profit and loss at fair value; and a decrease in interest income generated by cryptocurrencies, which were partially offset by reductions in administrative expenses and other operating expenses.