NVC INTL (02222) announced that the board of directors expects the group to achieve a net profit of no more than approximately US$15.5 million for the six months ended June 30, 2025, compared to a net profit of approximately US$8.9 million for the six months ended June 30, 2024. The interim profit attributable to company owners is expected to increase to no more than approximately US$15.5 million, compared to approximately US$7.7 million for the same period last year.

The board believes that the expected increase in interim net profit is primarily attributable to reduced raw material costs, as the group has implemented in-house production of blow molding, extrusion, and rolling components, replacing assembly procurement from third-party suppliers. Additionally, there has been an increase in other gains and losses (net gains), particularly foreign exchange net gains which increased from approximately US$0.1 million in the same period last year to approximately US$4.7 million in the interim period. Fair value changes of financial assets also contributed, turning from a net loss of approximately US$0.9 million in the same period last year to a net gain of approximately US$3.6 million in the interim period.