6-K - Kandal M Venture Ltd | StockGist

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Kandal M Venture Limited announced financial results for the six months ended September 30, 2025, with revenue of US$7,903,629 down from US$9,523,465 year-over-year due to US import tariffs, alongside a strategic 15% equity investment in Dumaine International Ltd for US$2.5 million and appointment of Fok Yui Kwong as CEO. These disclosures highlight declining profitability amid expansion efforts.

Key Takeaways

1Revenue US$7,903,629 for six months ended September 30, 2025 vs US$9,523,465 prior year

2Net income US$168,855 vs US$651,621 prior year, EPS $0.01 vs $0.04

3Appointed Mr. Fok Yui Kwong as Executive Director and CEO effective February 1, 2026

4Entered agreement to acquire 15% equity in Dumaine International Ltd for US$2.5 million announced March 9, 2026

5New customer orders US$4.0 million for 2026 season, total orders US$17.2 million announced November 28, 2025

6Gross profit margin approximately 18.7% vs 23.8% prior year

Current Report Details

Event Type

Securities Issuance

Disclosure

Voluntary

Variant

6-K

Items Reported

6-K

Current Report on Form 6-K

Securities Issuance

Results of Operations

First Half Fiscal Year 2026

Metric	Value	Basis	Prior Period
Revenue	$7.9M	GAAP	$9.5M
Gross profit	$1.5M	GAAP	$2.3M
Income from operations	$189.7K	GAAP	$944.3K
Profit before income tax	$222.7K	GAAP	$854.0K
Profit for the period	$168.9K	GAAP	$651.6K
Basic and diluted earnings per share	$0.01	GAAP	$0.04

Executive & Director Changes

Mr. Fok Yui Kwong

Executive Director and Chief Executive Officer

appointed

Effective: 2026-02-01

Transaction Details

Acquisition / Disposition

Target: 15% equity interest in Dumaine International Ltd
Consideration: US$2.5 million
Structure: all-cash transaction

•Announced March 9, 2026
•Definitive agreement entered

Exhibits (2)

6-K

REPORT OF FOREIGN PRIVATE ISSUER

99.1

PRESS RELEASE