Dec. 26 at 12:40 AM
$MWG Revenue increased 87.65% to approximately
$26.44 million for the six months ended June 30, 2025, from approximately
$14.09 million for the six months ended June 30, 2024. The increase was mainly attributable to strong demand on equipment sales.
● Gross profit increased by 42.27% to approximately
$6.63 million for the six months ended June 30, 2025, from approximately
$4.66 million for the six months ended June 30, 2024. Gross profit margin was 25.08% for the six months ended June 30, 2025, compared to 33.07% for the six months ended June 30, 2024. The increased of gross profit was primarily attributable to higher revenue generated from equipment sales segment.
● Income from operations were approximately
$1.70 million for the six months ended June 30, 2025, compared to Income from operations of approximately
$0.54 million for the six months ended June 30, 2024. The operating profit margin was 6.43% for the six months ended June 30, 2025, compared to operating profit margin of 3.83