Remember - a business can report a "profit from continuing operations" for a division into which it is has to constantly poor money into downsizing in the interest of keeping it profitable. Kodak has poured billions of dollars - more than its ever lost in digital, actually - into downsizing its film operations to try to keep it profitable. And even then the incentive was, largely, to get money from tax depreciation in plant, property, and equipment - not to make profits on film.
And you are right to be worried. I don't see anybody buying Kodak's film division - at least not with the intent of keeping production in the USA. Their current USA-based production infrastructure is far too large for current (and still-declining) market demand and carries with it potentially massive toxic tort liability.