MOKINGRAN (02585) announced that the Group expects to achieve revenue of approximately RMB10.4-10.5 billion for the first half of 2025, representing a year-on-year increase of 4.2% to 5.2%. Overseas revenue is expected to reach approximately RMB140-150 million, up 273.3% to 300.0% year-on-year. The loss attributable to owners and total comprehensive expenses for the period are expected to be around RMB65-72 million, representing a shift from profit to loss compared to the same period last year.

The announcement stated that the expected shift from profit to loss is primarily due to increased losses recorded from Au(T+D) contracts and gold leasing. Compared to the loss of RMB346 million in the same period last year, the combined total loss for the six months ending June 30, 2025 is expected to be approximately RMB680-700 million.