ENM Holdings Limited provided earnings guidance for the year ended 31 December 2016. For the period, the company expects the loss attributable to shareholders of the company for the year is expected to significantly decrease by over 80% as compared to the loss attributable to shareholders of the company for the year ended 31 December 2015. The significant decrease in loss was mainly attributable to the following factors: a drop in loss from the fashion retail business mainly due to the closure of China operations; and net realised and unrealised gains contributed by the investments in financial instruments for the year ended 31 December 2016 as compared to net realised and unrealised losses for the year ended 31 December 2015.