MINERVA GROUP (00397) announced that the Group expects a net comprehensive loss of not less than HK$32 million for 2025, compared to a net comprehensive loss of approximately HK$143.9 million for the same period. The anticipated loss for the year is primarily attributable to a fair value loss of approximately HK$3.5 million on financial assets at fair value through profit or loss, which mainly includes unrealized losses from changes in the fair value of listed equity securities. Additionally, a provision for expected credit losses of approximately HK$19.9 million on receivables from loans and interest, based on a preliminary assessment, contributed to the result. The Group's investment performance was adversely affected by the specific performance of certain securities.