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An announcement from Power Financial Group Limited ( (HK:0397) ) is now available.
Minerva Group Holding Limited has issued a profit warning, indicating a projected consolidated net loss of no less than HK$25.1 million for the first half of 2025, compared to a HK$14.1 million loss in the same period of 2024. This increased loss is primarily due to fair value changes in financial assets and the disposal of loans and interest receivables. The Group’s investment performance has been adversely affected by the healthcare sector, and it is facing challenges in the loan market due to economic uncertainties. Despite these setbacks, Minerva is committed to evaluating its risk management strategies and maintaining a balance between risk and return.
More about Power Financial Group Limited
Average Trading Volume: 9,325,390
Technical Sentiment Signal: Sell
Current Market Cap: HK$139.9M
See more data about 0397 stock on TipRanks’ Stock Analysis page.