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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, saying it expects to record a consolidated net loss of no less than HK$32 million for the year ending 31 December 2025, a significant narrowing from the HK$143.9 million loss reported a year earlier. The result is mainly driven by losses on fair value changes of financial assets, including listed equities, and an expected credit loss allowance of about HK$19.9 million on loans and interest receivables, with further losses anticipated on unlisted equity investments and an increase in credit loss provisions amid deteriorating loan market conditions and rising non-performing loans in Hong Kong. The board signalled it will tighten risk management and credit assessment as it finalises the 2025 accounts, and cautioned shareholders and potential investors to exercise care when dealing in the company’s shares ahead of the full-year results due around late March 2026.
The most recent analyst rating on (HK:0397) stock is a Hold with a HK$0.04 price target. To see the full list of analyst forecasts on Power Financial Group Limited stock, see the HK:0397 Stock Forecast page.
More about Power Financial Group Limited
Minerva Group Holding Limited is a Bermuda-incorporated company listed in Hong Kong that operates investment and money lending businesses, holding a portfolio that includes listed and unlisted equity securities, investment funds and investment properties, with a particular exposure to the Hong Kong credit market.
Average Trading Volume: 2,214,067
Technical Sentiment Signal: Sell
Current Market Cap: HK$107.2M
For an in-depth examination of 0397 stock, go to TipRanks’ Overview page.