CGII HLDGS (01940) announced that the group expects to achieve net profit of no less than RMB 70 million for the six-month period ending June 30, 2025, compared to net profit of approximately RMB 51.79 million for the six-month period ending June 30, 2024. The increase in net profit is mainly attributable to the absence of impairment losses on property, plant and equipment for the six-month period ending June 30, 2025, whereas impairment losses on property, plant and equipment of approximately RMB 37.89 million were recorded for the six-month period ending June 30, 2024. This positive impact was partially offset by an increase in credit loss provisions for trade receivables of approximately RMB 10 million during the six-month period ending June 30, 2025.