Eminence Enterprise Reports Increased Loss Amid Property Focus

Eminence Enterprise Limited (HK:0616) has released an update.

Eminence Enterprise Limited has reported a significant increase in its consolidated net loss for the six-month period ending September 2024, reaching approximately HK$243.4 million compared to HK$158.3 million in the same period last year. This increase is mainly due to losses from changes in property values and financial assets, as well as higher finance costs. Despite these challenges, the company continues to focus on its core businesses in property development and investment, with notable projects like “THE HEDON” in Causeway Bay and “One Two One” in Kowloon, Hong Kong.

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