Kandal M Venture reports H1 gross profit rise
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- Kandal M Venture (NASDAQ:FMFC) generated first-half fiscal 2027 gross profit of US$2.150 million, surging 45.3% year over year.
- Total revenue increased 20.9% to US$9.556 million, driving a 183.2% rise in operating income.
- The company expects continued revenue growth and margin expansion across the second half of fiscal 2027.
Kandal M Venture (NASDAQ:FMFC) reported first-half fiscal 2027 gross profit of US$2.150 million, representing a 45.3% year-over-year increase.
For the six months ended September 30, 2026, total revenue increased 20.9% year over year to US$9.556 million.
Operating income rose 183.2% to US$538,000 as gross margin expanded by 3.8 percentage points to 22.5%.
Cost of sales rose 15.3% to US$7.406 million, while general and administrative expenses increased 25.9% to US$1.480 million.
The company fulfilled bulk orders for Asian and European clients while expanding manufacturing footprint across China, Cambodia, and the Philippines.
Kandal M Venture stated that it expects further revenue growth and margin expansion throughout second-half fiscal 2027.
