Maoye International forecasts H1 net loss of RMB 120 million-RMB 180 million

• Maoye International forecast a net loss of RMB 120-180 million for the six months ended June 30, 2026.
• Compared with net profit of RMB 11.92 million a year earlier, it flagged impairment of RMB 125 million on investment properties, RMB 45 million on goodwill.
• Excluding those impairments, it expected a net operating loss of RMB 8-38 million.
• Department store revenue weakened on softer consumer spending, lower average transaction value, sector downturn.
• Store closures cut operating revenue by about RMB 94.28 million, reduced net profit by about RMB 31.35 million versus last year.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Maoye International Holdings Limited published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260810-12278618), on August 10, 2026, and is solely responsible for the information contained therein.