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Momentum Financial Holdings Reports 2024 Financial Results with Notable Losses

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Momentum Financial Holdings Reports 2024 Financial Results with Notable Losses

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Momentum Financial Holdings Limited ( (HK:1152) ) has issued an update.

Momentum Financial Holdings Limited reported its consolidated final results for the year ended 31 December 2024, showing a significant decline in revenue and profitability compared to the previous year. The company experienced a net loss of HK$23,281,000, attributed to increased impairment losses on trade and other receivables, as well as higher finance costs, impacting its operational and financial performance.

More about Momentum Financial Holdings Limited

Momentum Financial Holdings Limited is a company incorporated in Bermuda with limited liability, focusing on financial services and holdings.

Technical Sentiment Signal: Sell

Current Market Cap: HK$71.69M

See more data about 1152 stock on TipRanks’ Stock Analysis page.

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