--- title: "CRYPTO FLOW issued a profit warning, expecting a mid-term net loss of no less than HKD 23 million, an increase compared to the same period last year" type: "News" locale: "en" url: "https://longbridge.com/en/news/253429134.md" description: "CRYPTO FLOW issued a profit warning, expecting a mid-term net loss of no less than HKD 23 million for the period ending June 30, 2025, a significant increase compared to approximately HKD 3 million for the same period in 2024. The increase in losses is mainly due to the impact of stock option expenses, increased R&D expenses for Web 3.0 business, and impairment loss provisions" datetime: "2025-08-18T09:26:02.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/253429134.md) - [en](https://longbridge.com/en/news/253429134.md) - [zh-HK](https://longbridge.com/zh-HK/news/253429134.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/253429134.md) | [繁體中文](https://longbridge.com/zh-HK/news/253429134.md) # CRYPTO FLOW issued a profit warning, expecting a mid-term net loss of no less than HKD 23 million, an increase compared to the same period last year According to the Zhitong Finance APP, CRYPTO FLOW (08198) announced that it expects the group to incur a net loss of no less than HKD 23 million for the six-month period ending June 30, 2025 (subject to auditor review and depending on the valuation of stock options), compared to a net loss of approximately HKD 3 million for the six-month period ending June 30, 2024 (the same period). The increase in net loss is mainly due to one-time stock option expenses related to the granting of stock options during this period; increased R&D expenses for the Web 3.0 business; and net impairment loss provisions recognized during this period based on the expected credit loss model (impairment losses), while approximately HKD 5 million of impairment losses were reversed in the same period ### Related Stocks - [CRYPTO FLOW (08198.HK)](https://longbridge.com/en/quote/08198.HK.md) ## Related News & Research - [Buffett says he would care about inflation and the stability of banks if he were at the Fed](https://longbridge.com/en/news/281187041.md) - [CATL's controlling shareholder to donate some A-shares](https://longbridge.com/en/news/281197776.md) - [BankThink Prediction markets offer good clean fun, ethical headaches](https://longbridge.com/en/news/281533116.md) - [Trump Seeks Historic $1.5 Trillion Military Budget](https://longbridge.com/en/news/281653701.md) - ['Totally Unhinged': Trump's Comms Chief Loses It After CNN Host Tears Into Boss On Live TV](https://longbridge.com/en/news/281572302.md)