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Walnut Capital Limited ( (HK:0905) ) just unveiled an update.
Walnut Capital Limited has issued a positive profit alert, indicating a significant turnaround from a loss of approximately HK$25.3 million in 2023 to an expected profit of not more than HK$1 million for the year ending December 31, 2024. This improvement is attributed to gains in the fair value of financial assets, which have offset increased administrative and operating expenses. The announcement highlights a preliminary assessment of unaudited accounts, with final results expected by March 2025.
More about Walnut Capital Limited
Walnut Capital Limited is a company incorporated in the Cayman Islands and continued in Bermuda with limited liability. It operates in the financial sector, focusing on managing financial assets and investments.
YTD Price Performance: 26.47%
Average Trading Volume: 1,132,497
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$451.7M
See more insights into 0905 stock on TipRanks’ Stock Analysis page.