Multi Ways Holdings shares rise 73.84% premarket after reporting 88% H1 2025 revenue growth driven by strong equipment sales and infrastructure project optimism.

Multi Ways Holdings (MWG) surged 73.84% in premarket trading following the release of its first-half 2025 unaudited financial results, which showed an 87.65% year-on-year revenue increase to $26.44 million. The growth was attributed to strong equipment sales driven by ongoing local infrastructure projects, prior locked-in orders, and an aggressive marketing strategy. Despite a decline in gross profit margin to 25.08% (from 33.07%) due to competitive pressures and input costs, management highlighted optimism for 2026, citing major infrastructure projects like Changi Airport Terminal 5 and the Jurong Region Line. The company also reported a significant jump in net income to $0.90 million and improved operating cash flow, reinforcing its strategic focus on operational efficiency and market expansion in Singapore and the region.