MINERVA GROUP (00397) issues profit warning, expecting a comprehensive net loss of no less than 32 million Hong Kong dollars in 2025.
Em Group (00397) announced that the group expects a comprehensive net loss of not less than 32 million Hong Kong dollars in 2025, while the comprehensive net loss in 2025 is approximately 143.9 million Hong Kong dollars. The expected annual loss is mainly attributed to a fair value change loss of approximately 3.5 million Hong Kong dollars in financial assets recognized at fair value through profit or loss, primarily including unrealized losses on fair value changes of listed equity securities; and an expected credit loss provision of approximately 19.9 million Hong Kong dollars for receivables and interest. The group's investment performance is affected by the specific performance of several securities.
MINERVA GROUP (00397) announced that the group expects a comprehensive net loss of not less than HK$32 million in 2025, while the comprehensive net loss in 2025 is approximately HK$143.9 million. The expected annual loss is mainly attributed to a fair value loss of approximately HK$3.5 million on financial assets recognized at fair value through profit or loss, primarily including unrealized losses on fair value changes of listed equity securities; and an expected credit loss provision of approximately HK$19.9 million on receivables and interest after preliminary assessment. The group's investment performance is impacted by specific performances of certain securities.
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