Morimatsu International (HKG:2155) saw a decline in attributable profit in the first half of 2025 to 337.7 million yuan from 375.9 million yuan in the year-ago period, a Thursday filing with the Hong Kong bourse said.

Earnings per share stood at 0.27 yuan in the interim period, down from 0.30 yuan in the corresponding period of the last year.

Revenue for the pressure equipment manufacturer slid 23% to 2.69 billion yuan from 3.48 billion yuan previously.

The lower revenue was mainly due to the impact of the macroeconomic market environment and product delivery cycles on certain industries.