Multi Ways Shares Gain After Strong First-Half Results

benzinga_article
2025.12.24 16:00
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Multi Ways Holdings Limited shares surged 71% after reporting a significant year-over-year increase in first-half earnings per share and net revenue, driven by strong equipment sales and an aggressive marketing strategy. Despite a decline in gross margin due to competitive pressures and rising costs, the company's financial performance exceeded expectations, leading to a rise in stock price.