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Red Star Macalline Group Corporation Ltd Class H ( (HK:1528) ) has shared an update.
Red Star Macalline Group Corporation Ltd reported a significant decline in its financial performance for the first half of 2025, with revenue dropping from RMB 4.22 billion in 2024 to RMB 3.34 billion in 2025. The company also reported an increased loss attributable to owners, rising from RMB 1.34 billion in 2024 to RMB 1.95 billion in 2025. Operationally, the number of shopping malls decreased from 352 to 311, and the company saw a reduction in the operating area of both portfolio and managed shopping malls. Despite these challenges, the average occupancy rate for portfolio shopping malls improved slightly to 84.2%.
More about Red Star Macalline Group Corporation Ltd Class H
Red Star Macalline Group Corporation Ltd is a sino-foreign joint stock company based in China, primarily operating in the retail industry with a focus on managing and operating shopping malls. The company is involved in both portfolio and managed shopping malls across various cities in China.
Average Trading Volume: 10,353,816
Technical Sentiment Signal: Sell
Current Market Cap: HK$12.9B
See more insights into 1528 stock on TipRanks’ Stock Analysis page.