MOKINGRAN (02585) announces a profit warning, expecting that the profit attributable to shareholders for the first half of the year will be approximately 18 million to 21 million yuan, marking a turnaround from losses to profits compared to the same period last year.

MOKINGRAN (02585) announced that the group expects to achieve revenue of approximately 9.158 billion to 11.193 billion yuan in the first half of 2026, a year-on-year decrease of about 12% to an increase of about 7%; overseas revenue is expected to be approximately 230 million to 281 million yuan, a year-on-year increase of about 59% to 94%; net profit is expected to be around 26 million to 32 million yuan, and profit attributable to company owners is expected to be around 18 million to 21 million yuan, all of which represent a turnaround to profitability compared to the same period last year. The announcement stated that the expected performance changes are mainly influenced by the following factors: first, losses from Au (T+D) contracts and gold leasing due to fluctuations in gold prices have decreased compared to the same period last year; second, a decline in sales in the domestic market may lead to an overall revenue decrease, but the effectiveness of expanding overseas markets has emerged, resulting in growth in overseas revenue, and the structure of domestic and overseas business continues to optimize.