Monalisa Group Co Ltd Class A

Monalisa disclosed its 2026 semi-annual report on August 26. In the first half of the year, total operating revenue reached 1.749 billion yuan, down 8.66 percent year on year, but net profit attributable to the parent company was 49.32 million yuan, turning from a loss to a profit compared with the same period last year. Non-recurring net profit was 50.14 million yuan, also achieving a turnaround. Net cash flow from operating activities was 182 million yuan, up 98.69 percent year on year. Basic earnings per share were 0.12 yuan, and the weighted average return on equity was 1.48 percent, up 1.65 percentage points year on year. The company said it has always been committed to the research, development, production and sales of high-quality architectural ceramic products.

Monalisa disclosed an earnings forecast, expecting a net profit attributable to the parent company of 40.88 million to 61.31 million yuan in the first half of 2026, compared with a loss of 5.67 million yuan in the same period last year, achieving a turnaround year-on-year. Deducted non-recurring net profit is expected to be 41.15 million to 61.72 million yuan, compared with a loss of 16.20 million yuan in the same period last year. Basic earnings per share are 0.10 to 0.15 yuan. The company stated that the earnings growth was mainly due to the continued implementation of lean management, which reduced period expenses year-on-year, and the reversal of previously accrued inventory write-down provisions after optimizing inventory management, which made a positive contribution to earnings.

Monalisa has obtained a loan commitment letter from the Foshan branch of China Merchants Bank, with a maximum loan amount of 90 million yuan and a term of no more than three years, to be used exclusively for repurchasing the company's shares.