1. MWG reported a revenue increase of 87.65% for H1 2025. 2. Gross profit margin declined due to competitive pressures and rising costs. 3. Major infrastructure projects in Singapore expected to drive future growth. 4. Net income surged 1,025% to approximately $0.90 million in H1 2025. 5. Management optimistic despite external uncertainties impacting the business landscape.
FAQ
Why Bullish?
A significant revenue increase and strong net income suggest positive market sentiment. Historical examples show similar financial turnarounds have been correlated with stock price increases.
How important is it?
The financial results and future forecasts directly indicate MWG's potential for growth, thereby influencing investor decisions.
Why Long Term?
Upcoming infrastructure projects could sustain revenue growth, influencing long-term company performance.
Multi Ways Holdings Reports Impressive 88% Revenue Growth for First Half of 2025
NEW YORK, Dec. 23, 2025 (GLOBE NEWSWIRE) – Multi Ways Holdings Limited ("Multi Ways" or the "Company") (NYSE American: MWG), a prominent supplier of heavy construction equipment for sales and rental in Singapore and its neighboring regions, has announced its unaudited financial results for the first half of 2025. The report indicates a significant revenue increase and outlines key corporate updates amid a challenging business environment.
Strong Financial Performance
For the six months ending June 30, 2025, Multi Ways reported a remarkable **87.65%** increase in net revenue, reaching **$26.44 million**, compared to **$14.09 million** in the same period last year. This surge in revenue was primarily fueled by factors such as:
- Increased equipment sales driven by ongoing major infrastructure projects in the region.
- Locked-in sales orders from the previous year contributing to first-half revenue.
- An aggressive marketing strategy aimed at attracting potential customers.
However, the Company experienced a decline in gross profit margin, reporting approximately **$6.63 million** with a **25.08%** margin, down from a gross profit of **$4.66 million** and a **33.07%** margin in H1 2024. This was attributed to competitive pressures, rising input costs, and a sales mix favoring lower-margin equipment products.
Net Income and Cash Flow Overview
Multi Ways Holdings also announced net income of approximately **$0.90 million** for the first half of 2025, a substantial increase of **1,025%** compared to **$0.08 million** for the same period in 2024. The cash flow summary indicates:
- Cash and cash equivalents dwindled to approximately **$1.14 million** as of June 30, 2025, down from **$3.66 million** in 2024.
- Cash generated from operating activities was approximately **$5.39 million**, in contrast to cash used in operations of **$8.03 million** for the first half of 2024.
- Investing activities used **$0.20 million**, while financing activities resulted in a net outflow of approximately **$7.14 million**.
Future Outlook and Corporate Strategy
James Lim, Chairman and CEO of Multi Ways, expressed optimism regarding the Company's prospects as several major infrastructure projects are set to commence in 2026. Notable projects include:
- The ongoing expansion of Changi Airport Terminal 5
- The Marina Bay Sands integrated resort
- Government projects focused on public housing and healthcare facilities
- Large-scale infrastructure projects like the Jurong Region Line (JRL) and Cross Island Line (CRL)
Mr. Lim stated, "Despite external uncertainties, we believe our strategic direction and disciplined execution position us well for long-term growth."
About Multi Ways Holdings Limited
Founded over two decades ago, Multi Ways Holdings specializes in providing a diverse range of heavy construction equipment for sales and rental in Singapore and neighboring countries. The Company is recognized for its reliable supply of both new and used equipment and offers a comprehensive suite of services, including refurbishment and cleaning. For more information, please visit www.multiwaysholdings.com.
Forward-Looking Statements
This announcement may contain forward-looking statements related to Multi Ways Holdings’ financial performance and future growth prospects. Actual results may differ due to various factors, including market conditions and operational challenges.
Contact Information
For investor relations inquiries, please contact:
Matthew Abenante, IRCPresident
Strategic Investor Relations, LLC
Tel: 347-947-2093
Email: matthew@strategic-ir.com