MOKINGRAN (02585) announced that the Group expects to achieve revenue of approximately RMB 9.158 billion to RMB 11.193 billion for the first half of 2026, representing a year-on-year change of roughly a 12% decline to a 7% increase. Overseas revenue is projected to be around RMB 230 million to RMB 281 million, marking a substantial year-on-year increase of about 59% to 94%. Net profit is anticipated to be between RMB 26 million and RMB 32 million, with profit attributable to shareholders of the company expected to range from RMB 18 million to RMB 21 million for the period, both figures representing a turnaround from a net loss in the prior corresponding period.
The company attributed the expected performance shift primarily to the following factors: first, losses generated from Au (T+D) contracts and gold leasing activities have decreased compared to the same period last year, benefiting from the volatility in gold prices. Second, while overall revenue may potentially decline due to reduced sales volume in the domestic market, the company's overseas market expansion efforts have shown tangible results, with overseas revenue achieving growth and the domestic and international business structure continuing to be optimized.
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