Kandal M Venture Limited Class A Ordinary Shares

Kandal M Venture Limited announced its financial results for the full fiscal year ended March 31, 2026, with net income rising 12.4% to US$235,625 from US$209,673 a year earlier. Revenue was essentially flat, edging down 0.3% to US$17,128,067, while gross profit fell 3.4% to US$3,243,017 and gross margin narrowed to 18.9% from 19.5%. The company secured a growth capital facility in June 2026 to fund equipment and technology upgrades at its plants in Cambodia and the Philippines, and it ended the fiscal year with cash and cash equivalents of US$3,583,757, up from US$102,697, following net IPO proceeds of US$8,014,981. Chairman Duncan Miao noted that order demand from existing and new European and Asian customers is expected to be strong, supporting continued capacity expansion and investment in manufacturing technology.