MKDW

New York, Dec. 29, 2025 (GLOBE NEWSWIRE) -- MKDWELL Tech Inc. (the “Company”, “we”, “our”, or “us”) (Nasdaq: MKDW), a business company incorporated in the British Virgin Islands (“BVI”) with operations in Mainland China and Taiwan, today announced its unaudited financial results for the six months ended June 30, 2025. First Half 2025 Financial Highlights Management Commentary In the first half of 2025, as a key strategic customer entered mass production, we successfully secured a substantial increase in orders from it, which helped keep our losses stable year-on-year. We will continue to actively seek new customers to further drive performance improvement. First Half 2025 Financial Results Revenues Our revenues consist of (i) sales of manufactured electronic products, (ii) commissioned processing service, (iii) rental income, and (iv) others. Others mainly consist of electricity and technical services revenues. Our breakdown of revenues for the six months ended June 30, 2024 and 2025 are summarized as below: Our total revenues increased by US$0.55 million, or 68.3% from US$0.81 million for the six months ended June 30, 2024 to US$1.37 million for the six months ended June 30, 2025, primarily attributable to the increase of sales of manufactured electronic products and commissioned processing service. Revenues from our sales of manufactured electronic products increased by US$0.61 million, or 102.8%, from US$0.59 million for the six months ended June 30, 2024 to US$1.20 million for the six months ended June 30, 2025, which was mainly contributed to the increase of orders from new customers. Revenues from our commissioned processing service increased by US$0.09 million, or 128.9%, from US$0.07 million for the six months ended June 30, 2024 to US$0.16 million for the six months ended June 30, 2025, which was in line with increased product sales in the first half of 2025. Rental income decreased by US$0.11 million, or 98.2%, from US$0.11 million for the six months ended June 30, 2024 to US$2 thousand for the six months ended June 30, 2025, which was mainly due to the expiration of lease contract at the end of 2024, resulting a decrease of rental income in the first half of 2025. Revenues from others decreased by US$0.03 million, or 90.5%, from US$0.04 million for the six months ended June 30, 2024 to US$3,000 for the six months ended June 30, 2025, which was mai...