MKDWELL Tech FY26 H1 net loss widens to US$ 6.52 million; revenue rises 12.94% to US$ 1.54 million - MKDW News | RalliesMKDWELL Tech FY26 H1 net loss widens to US$ 6.52 million; revenue rises 12.94% to US$ 1.54 million
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MKDW• Balance sheet
- Cash and cash equivalents increased to USD 38,252 at June 30, while total assets fell to USD 11.02 million from USD 18.4 million.
Half-year results
- MKDWELL Tech posted a six-month net loss of USD 6.52 million, widening from USD 1.7 million a year earlier.
- Revenue rose 12.94% to USD 1.54 million, while gross profit more than doubled to USD 181,555.
- Operating loss widened to USD 6.29 million as general and administrative expense jumped to USD 6 million.
Landvision acquisition
- The company disclosed a July 2026 agreement to buy Landvision for USD 240 million in shares, completed in August 2026.