ChainCatcher message, Hong Kong listed company New Fire Technology released its annual performance announcement for the year ending September 30, 2024, which disclosed:
1. Based on the latest available net asset value of FTX as of September 30, 2024, and referencing the trading prices of FTX claims, an impairment loss of HKD 85,897,000 has been confirmed and has been included in the profit and loss for the year ending September 30.
2. As of September 30, 2024, gross profit was approximately HKD 44.2 million, with a net profit of approximately HKD 56.3 million.
3. In 2025, in addition to the existing compliant virtual asset fund business under License No. 9, there will be a new business for distributing virtual asset (VA) related products to professional investors, including but not limited to virtual asset funds, Bitcoin and Ethereum ETFs, and structured products related to virtual assets. Additionally, after the upgrade of License No. 4 is approved, the plan is to provide virtual asset (VA) consulting services only to professional investors.
