Maxnerva Technology Services Limited (HK:1037) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Maxnerva Technology Services Limited has issued a profit warning, indicating an expected consolidated net loss of RMB 15-17 million for the first half of 2024, contrasting with a net profit of RMB 5.7 million in the same period of the previous year. The anticipated loss is attributed to a decrease in the fair value of a key investment, although this is not expected to materially impact the company’s operations or cash position. Shareholders and potential investors are advised to exercise caution when dealing with the company’s shares.
For further insights into HK:1037 stock, check out TipRanks’ Stock Analysis page.