GHW INTL (09933) announced its interim results for the six months ended June 30, 2025. The group recorded revenue of RMB 1.857 billion, representing a year-on-year increase of 3.72%. Profit attributable to owners of the company reached RMB 7.036 million, up 58.22% compared to the same period last year. Basic earnings per share stood at RMB 0.007.

According to the announcement, the increase in profit during the period was primarily attributed to net foreign exchange gains resulting from the appreciation of various currencies against the Renminbi, including the Russian ruble and Mexican peso. This led to increased other gains and additional income from VAT credit refund policies, which boosted other income to approximately RMB 7.5 million. However, this positive impact was partially offset by reduced gross profit from certain self-produced and traded products due to intensified market competition caused by increased market supply.