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Minerva Group Reports Increased Losses in 2024 Financial Results

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Minerva Group Reports Increased Losses in 2024 Financial Results

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Power Financial Group Limited ( (HK:0397) ) just unveiled an announcement.

Minerva Group Holding Limited, a company incorporated in Bermuda, reported its annual financial results for the year ended December 31, 2024. The company experienced a decrease in revenue to approximately HK$68.9 million from HK$74.1 million in the previous year and reported a loss attributable to owners of HK$143.9 million, an increase from the previous year’s loss of HK$104.1 million. The company held financial assets valued at HK$411.0 million and had a current ratio of 24.79 times, indicating strong liquidity despite the financial losses. The board decided not to recommend a final dividend for the year.

More about Power Financial Group Limited

YTD Price Performance: -15.56%

Average Trading Volume: 9,754,206

Technical Sentiment Signal: Buy

Current Market Cap: HK$190.4M

See more insights into 0397 stock on TipRanks’ Stock Analysis page.

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