Minerva Group Updates Profit Warning, Projects ≥HK$34.30 Million Interim Loss

Bulletin Express
Aug 25

Minerva Group Holding Limited has issued a supplemental announcement indicating it now expects to book a consolidated net loss of no less than HK$34.30 million for the six months ended 30 June 2026 (IR2026). The figure updates the profit-warning released on 10 July 2026.

The projected shortfall is driven mainly by two non-cash items: 1. Loss on fair-value changes of financial assets at fair value through profit or loss (FVTPL) of approximately HK$19.80 million. 2. Expected credit loss on loan and interest receivables of about HK$11.50 million.

The Board stressed that the numbers stem from preliminary, unaudited management accounts and remain subject to review by the audit committee and external auditors. Finalised interim results are scheduled for release in late August 2026.

Minerva’s directors advised shareholders and prospective investors to exercise caution when trading the company’s shares pending the definitive IR2026 results.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10