MKDWELL management says H1 2026 revenue rises 12.9% on new technical services income
MKDW•Net loss widens on share-based compensation
Net loss widened to US$6.52 million from US$1.7 million, largely reflecting US$5.22 million in share-based compensation expense.
Gross profit improves on inventory write-off reversal
Gross profit climbed to US$0.18 million from US$0.09 million, and the gross margin rose to 11.8% from 6.5%.
The improvement was driven mainly by a US$134,643 write-off of inventory write-down provisions tied to sales of long-aged raw materials.
H1 2026 revenue rises on technical services and rental income
Management said that for the six months ended June 30, 2026, revenue rose 12.9% to US$1.54 million.
Growth was tied to new technical service contracts, higher rental income and stronger commissioned processing service demand, while manufactured product sales slipped 1%.
