ENM Holdings Reports Profit Turnaround and Plans to Discontinue Fashion Retail Business
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ENM Holdings (HK:0128) has reported a profit turnaround, projecting approximately HK$21.0 million for the nine months ending September 2025, a recovery from last year's loss. This improvement is due to a small profit from its fashion retail business and gains from its investment portfolio, despite the cessation of its loss-making resort business. The company plans to discontinue its fashion retail operations by November 2025 due to ongoing challenges. The current analyst rating for the stock is a Hold with a price target of HK$0.50.
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