Okg Tech (01499.HK) announced on June 14 that the company is expected to incur a shareholder share loss of no less than HKD 35.0 million for the year ending on March 31, 2024, while a shareholder share of net profit of approximately HKD 43.5 million was recorded in the previous year.

The Board of Directors believes that the net loss recorded this year is mainly due to the decrease in revenue from the group's independent trading business in digital assets. It is expected that the revenue from the group's independent trading in digital assets and the net fair value changes of digital assets will decrease from approximately HKD 130.1 million in the same period last year to approximately HKD 62.0 million this year.