QAMCO's net profit recorded a strong year-on-year increase in the first half of 2025, primarily driven by higher revenues resulting from improved selling prices. In the first half of 2025, QAMCO delivered robust financial results, supported by favorable pricing dynamics and disciplined cost management. The uplift in average selling prices fully offset the marginal decline in sales volumes. Additionally, savings in finance costs were realized, driven by refinancing of debt and the partial loan repayments at joint venture level. During 2Q-2025, QAMCO reported a higher net profit compared to the previous quarter, primarily driven by an increase in sales volumes amid stronger market demand. This uplift in volume helped offset a marginal decline in average selling prices and a slight increase in the cost of goods sold.