Mao Geping Cosmetics (HKG:1318) expects to report an up to 37% increase in profit for the first half of 2025, according to a Hong Kong bourse filing Tuesday.

Shares of the cosmetics company fell nearly 2% in morning trade Wednesday.

The company expects to record 665 million yuan to 675 million yuan in net profit for the six months ended June 30, up 35% to 37% year over year.

Revenue for the period is expected to rise 30% to 32% to 2.57 billion yuan to 2.60 billion yuan.

Mao Geping's financial results are due late August.