Kandal M Venture Limited Reports Latest Customer Orders for Fiscal Year 2026

Rhea-AI Summary

Kandal M Venture (Nasdaq: FMFC) provided a customer order update for the fiscal year ending March 31, 2026. As of Nov 28, 2025 the company has received $4.0 million in new orders for the Trans 2026 season, bringing total orders to date to $17.2 million for Fiscal Year 2026. The company said customer orders are meeting expectations despite 2025 tariff headwinds.

Management noted Trans season timing (April–July) and said it plans to pursue geographic expansion and customer-base growth. Current clients include several globally recognized U.S.-headquartered fashion brands.

Cambodia, Nov. 28, 2025 (GLOBE NEWSWIRE) -- Kandal M Venture Limited (Nasdaq: FMFC) (“Kandal” or the “Company”), a contract manufacturer of affordable luxury leather goods with manufacturing operations in Cambodia, today announced an update on customer orders for the fiscal year ending March 31, 2026 (“Fiscal Year 2026”).

As of today, the Company has received new orders for Trans 2026 season of approximately US$4.0 million, for total orders to date for Fiscal Year 2026 of approximately US$17.2 million. Customer orders for the year are meeting expectations in spite of the tariff headwinds in 2025.

In the fashion industry, the Trans Season typically corresponds to the end of the Spring season and before the Fall season in the United States. Spring Season spans January through March, while Trans season spans April to July.

The Company added that it hopes to build on its current success by expanding geographically and growing its customer base.

“The orders our customers placed with us reflects the continued confidence they have in our capabilities and our commitment to quality,” said Mr. Duncan Miao, Director and Chairman of the Board of Kandal.

Kandal’s current clientele includes several globally recognized fashion brands headquartered in the United States.

About Kandal M Venture Limited

Kandal M Venture Limited is a contract manufacturer of affordable luxury leather goods with its manufacturing operations in Cambodia. It primarily manufactures handbags, such as shoulder bags, crossbody bags, tote bags, backpacks, top-handle handbags, satchels, and other smaller leather goods, such as wallets.

For more information, please visit the Company’s website at www.kandalmv.com.

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. The Company cautions investors that actual results may differ materially from the anticipated results, and encourages investors to read the risk factors contained in the Company’s final prospectus and other reports it files with the Securities and Exchange Commission before making any investment decisions regarding the Company’s securities. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law.

Contacts:

Company:
Kandal M Venture Limited Investor Relations Contact:
Padachi Village, Prek Ho Commune, Takhmao Town, Kandal Province,
Kingdom of Cambodia
Email: enquiry@fmfco.com.kh
Telephone: +855 23425205

Investor Relations Contact:
Skyline Corporate Communications Group, LLC
Scott Powell, President
1177 Avenue of the Americas, 5th Floor
New York, New York 10036
Office: +1 (646) 893-5835 x2
Email: info@skylineccg.com
Website: www.skylineccg.com

FAQ

What are Kandal M Venture (FMFC) reported orders for Fiscal Year 2026 as of Nov 28, 2025?

Kandal reported $17.2 million in total orders to date for Fiscal Year 2026.

How much of FMFC's Fiscal Year 2026 orders are for the Trans 2026 season?

$4.0 million in new orders were announced for the Trans 2026 season.

When does the Trans season referenced by FMFC occur for U.S. fashion retailers?

FMFC defines the Trans season as spanning April through July, between Spring and Fall selling seasons.

Did FMFC say tariffs affected its Fiscal Year 2026 customer orders?

FMFC said customer orders are meeting expectations despite tariff headwinds in 2025.

What growth plans did Kandal M Venture (FMFC) announce with the order update?

The company said it hopes to expand geographically and grow its customer base following current order momentum.

Which markets or clients does FMFC identify in its Nov 28, 2025 update?

FMFC noted its current clientele includes several globally recognized fashion brands headquartered in the United States.