Red Star Macalline Group Corporation Ltd. (RS Macalline) issued a positive profit alert, projecting a net profit of RMB18.00 million–27.00 million for the six months ended 30 June 2026. The guidance marks a sharp reversal from the RMB2.11 billion loss reported in the same period of 2025.

Net profit attributable to shareholders is expected at RMB13.00 million–20.00 million, compared with a RMB1.95 billion loss a year earlier.

Management attributed the turnaround to:

• Core-business focus and a stabilising occupancy rate across portfolio shopping malls, which lifted operating quality and cash flow. • Ongoing cost-reduction and efficiency initiatives that materially lowered period expenses. • A smaller drag from investment-property valuations and related asset impairments, supported by marginal improvements in China’s May-2026 housing price indicators.

The figures are based on unaudited management accounts prepared under IFRS and may change when interim results are finalised, expected in mid-to-late August 2026.

Shareholders and potential investors are advised to exercise caution when dealing in the company’s securities.