WATTS INT'L(02258) has announced its interim performance, with a net profit of 1570.2 million yuan.

WATTS INT'L (02258) released its performance for the six months ending June 30, 2025, with revenue of 750 million yuan, a year-on-year increase of 4.8%; net profit of 15.702 million yuan, compared to a loss of 124 million yuan in the same period last year; basic earnings per share of 1.92 cents. In the first half of 2025, despite facing intense market competition and a contraction in demand, the group continued to strengthen project management, resulting in a slight increase in revenue.