ENM Holdings Expects Up to 70% Reduction in Attributable Loss in 2024

MT Newswires Live
01-21

ENM Holdings (HKG:0128) expects to record a 60% to 70% lower loss attributable to shareholders for 2024 compared with HK$19.7 million logged for the previous year, a Tuesday Hong Kong bourse filing said.

The fashion wear retailer attributed the expected reduction in loss to the closing of its certain loss-making resort and recreational club operation, a decrease in loss from its fashion retail business, and the lack of expenses related to the privatization offer that occurred in the previous year.

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