Walnut Capital Limited (HK:0905) has released an update.
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Walnut Capital Limited has issued a profit warning, anticipating a loss of at least HK$18 million for the first half of 2024, a significant increase from the HK$11 million loss in the same period of 2023. The escalated losses are primarily due to a rise in the change in fair value of financial assets. Investors are cautioned to consider this preliminary information and await the detailed interim results to be published by late August 2024.
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