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MINERVA GROUP: Interim Report 2024
ROI exceeds 20%! China's wealthy flock to the $1.7 trillion "high-yield market"......
Chinese wealthy investors are pursuing the $1.7 trillion private crediting market, ignoring warnings of rising default rates, because some of these trades have an roi exceeding 20%.
The performance of Minerva Group (00397.HK) narrowed its loss to 14.04 million yuan in the first half.
Minerva Group (00397.HK) announced its interim performance for the six months ending in June, with revenue recorded at 36.45 million yuan, a 6.6% year-on-year decrease. The loss narrowed from 34.87 million yuan in the same period last year to 14.04 million yuan, with a loss per share of 0.56 cents. No interim dividend will be distributed.
MINERVA GROUP: ANNOUNCEMENT OF INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2024
Minerva Group Plans Key Financial Review
Minerva Group (00397.HK) plans to hold a board of directors meeting on August 28 to approve mid-term performance.
Minerva Group (00397.HK) announced on August 13th that the Board of Directors meeting will be held on Wednesday, August 28, 2024, to approve the company and its subsidiaries' mid-year performance ending June 30, 2024, and to consider the distribution of mid-year dividends (if any).
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