ENM Holdings Swings to HK$9.7 Million Profit for H1 2025 as Revenue Falls 59%

Reuters
09/26
ENM Holdings Swings to HK$9.7 Million Profit for H1 2025 as Revenue Falls 59%

ENM Holdings Limited reported a profit attributable to owners of the company of HK$9.7 million for the six months ended 30 June 2025, compared to a loss of HK$14.2 million in the same period last year. Revenue from continuing operations declined by 59% to HK$17.68 million from HK$43.62 million in the prior year period. The retail of fashion wear and accessories segment reported sales of HK$7.82 million, down 78% from HK$34.84 million. Dividend income decreased by 28% to HK$3.63 million, while interest income increased by 68% to HK$6.23 million. Profit from operations for continuing operations was HK$11.87 million, compared to a loss of HK$6.59 million in the same period last year. The group recorded fair value losses on investment properties of HK$2.1 million, compared to HK$1.1 million previously. Finance costs decreased by 85% to HK$0.06 million. The group's investment segment reported a profit of HK$13.35 million for the period, compared to a segment loss of HK$0.86 million in the prior year. The company's overall gross profit margin from continuing operations increased to 97%, up from 60% last year, primarily due to the decrease in sales revenue and the write-back of prior year inventory allowances in the fashion retail business. No specific business outlook or operational guidance was included in the report. The company mentioned that the execution of a new lease grant is underway and is expected to take more than 18 months to complete.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ENM Holdings Limited published the original content used to generate this news brief on September 26, 2025, and is solely responsible for the information contained therein.

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