Multi Ways Holdings Limited Interim Earnings Release for Six Months Ended June 30, 2025

Multi Ways Holdings Limited announced its unaudited financial results for the six months ended June 30, 2025. Revenue increased by 87.65% to $26.44 million, primarily driven by strong demand in equipment sales. However, gross profit margin decreased to 25.08% from 33.07% in the prior year period, attributed to a higher contribution from lower-margin products and increased input costs. Income from operations rose significantly to $1.70 million from $0.54 million, with a corresponding increase in operating profit margin to 6.43%. Net income for the period was $0.90 million, a substantial increase from $0.08 million in the same period last year. The company reported a net book value per share of $0.65 as of June 30, 2025. Cash flow from operations was positive at $5.39 million, a significant improvement from a negative $8.03 million in the prior year period. The company highlighted upcoming infrastructure projects in Singapore as a positive outlook for future growth.