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An update from ENM Holdings ( (HK:0128) ) is now available.
ENM Holdings Limited has issued a positive profit alert for the first half of 2025, expecting a profit of approximately HK$8 million, a significant turnaround from a loss of HK$14.2 million in the same period last year. This improvement is attributed to reduced losses in its fashion retail business, cessation of losses from its resort and recreational club business, and gains from its investment portfolio. Despite this, the company anticipates a 60% decrease in revenue due to the closure of its SWANK flagship store and expects this trend to continue as it focuses on loss reduction initiatives.
More about ENM Holdings
ENM Holdings Limited, incorporated in Hong Kong, operates in the fashion retail and investment sectors. The company is known for its fashion retail business, The Swank Shop Limited, and has investments in private equity funds.
YTD Price Performance: 3.85%
Average Trading Volume: 505,773
Technical Sentiment Signal: Sell
Current Market Cap: HK$445.7M
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