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An announcement from Momentum Financial Holdings Limited ( (HK:1152) ) is now available.
Momentum Financial Holdings Limited has issued a profit warning, indicating a significant decrease in net profit for the first half of 2025. The company’s net profit is expected to drop to approximately HK$3.6 million from HK$9.5 million in the same period of 2024, primarily due to reduced revenue and gross profit. Stakeholders are advised to exercise caution when dealing with the company’s shares, as the audit committee is still reviewing the unaudited interim results, which are anticipated to be released by the end of August 2025.
More about Momentum Financial Holdings Limited
Momentum Financial Holdings Limited is a company incorporated in Bermuda, operating with limited liability. It is listed on the Stock Exchange of Hong Kong, focusing on financial services and related sectors.
Average Trading Volume: 13,053,200
Technical Sentiment Signal: Buy
Current Market Cap: HK$363.3M
For detailed information about 1152 stock, go to TipRanks’ Stock Analysis page.