RS MACALLINE (01528) announced its financial results for the first three quarters of 2025. The company reported operating revenue of approximately RMB4.969 billion, representing an 18.62% year-on-year decline. The net loss attributable to shareholders of the parent company widened to RMB3.143 billion, marking a 66.55% increase compared to the same period last year. Basic loss per share stood at RMB0.72.

The company attributed the revenue decline to industry-wide volatility, weakened demand in the home furnishing retail market, and a corresponding drop in rental income from its shopping malls. To support tenants, RS MACALLINE increased preferential policies aimed at merchant retention. Additionally, the number of managed malls and progress in other business segments slowed, further contributing to the year-on-year revenue contraction.