Multi Ways Holdings shares rise 112.84% premarket after reporting 88% H1 2025 revenue growth driven by strong equipment sales from major infrastructure projects.

Multi Ways Holdings surged 112.84% in premarket trading following the announcement of an 87.65% year-on-year revenue increase to $26.44 million in the first half of 2025, driven by robust equipment sales and prior locked-in orders. The company also reported a 1,025% rise in net income to $0.90 million, alongside improved operating cash flow of $5.39 million. Management attributed the growth to strong demand for construction equipment amid ongoing infrastructure projects in Singapore, including Changi Airport Terminal 5 and the Jurong Region Line. Despite margin pressures from competitive pricing and input costs, the firm highlighted strategic initiatives to enhance profitability and optimism for 2026, when major projects are set to commence. The results and forward-looking guidance bolstered investor confidence, directly correlating with the sharp premarket price jump.