Macalline issued a performance forecast, expecting net profit attributable to shareholders of the listed company for the first half to be between 50 million and 75 million yuan, swinging to a profit compared with the same period last year. In the same period last year, the company's total profit was negative 1.986 billion yuan, and net profit attributable to shareholders of the listed company was negative 1.9 billion yuan. The company said occupancy rates at self-operated malls are gradually stabilizing, period expenses have fallen significantly, the operating quality of individual malls has improved notably, and both profitability and cash flow have improved. At the same time, losses from changes in the fair value of investment properties and related asset impairment losses narrowed sharply year-on-year. In 2025, Macalline's operating revenue was 6.582 billion yuan, down 15.85 percent year-on-year, and net loss attributable to shareholders of the listed company was 23.722 billion yuan, dragging controlling shareholder C&D Inc. to a net loss attributable to the parent of 10.81 billion yuan in 2025.
Red Star Macalline Group Corp Ltd Class AMacalline expects to swing to profit in H1 2025 due to narrowing impairment losses and improved operations.
Xiamen C&D IncMacalline's 2025 net loss of 23.722 billion yuan dragged C&D Inc. to a net loss of 10.81 billion yuan in 2025.