Macalline released its first-half 2026 results, returning to profitability as net profit attributable to the parent rose from a loss of 1.9 billion yuan in the same period last year to 74.86 million yuan. During the reporting period, revenue was 3.095 billion yuan, down 7.3 percent year on year, while gross margin improved to 65.5 percent. Net operating cash flow reached 883 million yuan, up 337.3 percent year on year. The company deepened cost reduction and expense control, with operating costs down 17 percent year on year and selling, administrative, and financial expenses all declining. Macalline accelerated expansion in high-end appliances and new retail furniture, with new retail furniture operating area reaching 266,000 square meters. As of the end of June, the average occupancy rate of self-operated malls rose to 86.9 percent, up 1.9 percentage points from the end of last year.
Red Star Macalline Group Corp Ltd Class AReturned to profit with net income of 74.86 million yuan, improved gross margin to 65.5%, and strong cash flow.
