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Red Star Macalline Reports Q1 2025 Financial Results Amid Revenue Decline

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Red Star Macalline Group Corporation Ltd Class H ( (HK:1528) ) has shared an announcement.

Red Star Macalline Group Corporation Ltd reported its unaudited financial results for the first quarter of 2025, showing a decline in revenue to RMB 1.615 billion from RMB 2.111 billion in the same period of 2024. The company faced increased financial expenses and a significant loss from fair value changes, impacting its overall financial performance. Despite these challenges, the company recorded investment income, particularly from associates and joint ventures, and reduced impairment losses compared to the previous year.

More about Red Star Macalline Group Corporation Ltd Class H

Red Star Macalline Group Corporation Ltd is a sino-foreign joint stock company incorporated in China, operating in the retail and real estate sectors. The company is known for its home furnishing malls and related services, focusing on the Chinese market.

YTD Price Performance: -33.81%

Technical Sentiment Signal: Strong Buy

Current Market Cap: €1.39B

Find detailed analytics on 1528 stock on TipRanks’ Stock Analysis page.

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