MOKINGRAN (02585) has released its interim results for the six months ended June 30, 2026, reporting a turnaround to profitability with a net profit attributable to shareholders of RMB 19.517 million, compared with a loss in the same period last year.

The group recorded revenue of RMB 10.175 billion for the reporting period, a year-on-year decrease of 2.64%. Earnings per share stood at RMB 0.07.

Revenue from the sale of gold jewelry and other gold products reached RMB 9.958 billion during the period, down 1.7% from RMB 10.135 billion in the prior year. This decline was primarily driven by persistently high gold prices, which weakened consumer demand and led to lower sales volumes.

Revenue from K-gold jewelry, diamond-set jewelry, and other products amounted to RMB 164 million, representing a sharp 37.5% decrease from RMB 263 million in the previous year. The reduction was mainly due to continued softness in market consumption demand and the disposal of an e-commerce subsidiary's equity, which contributed to the decline in sales volume during the period.