Marvion Inc. Reports Over 100% Revenue Growth and Commences Construction of New Warehouses in Hong Kong
Rhea-AI Summary
Marvion Inc (OTCQB: MVNC) reported unaudited first-half 2025 results showing strong year-over-year growth and announced new warehouse construction in Hong Kong.
Key financial highlights: Q1 2025 revenue +138% and gross profit +158% versus Q1 2024; Q2 2025 revenue +147% and gross profit +68% versus Q2 2024. Marvion commenced construction of two new warehouses totaling ~4,000 sq ft under a 12-year lease, with total construction investment of ~HKD 1.5 million and targeted completion by December 31, 2025. The warehouses will be managed by subsidiary Propose Enterprise Limited and carry a drafted three-year + three-year renewable lease with a new tenant representing annual rental income of HKD 720,000 upon commencement.
Positive
- Q1 2025 revenue +138% YoY
- Q2 2025 revenue +147% YoY
- Q1 2025 gross profit +158% YoY
- Commenced 4,000 sq ft warehouse buildout
- Construction investment ~HKD 1.5 million
- 12-year lease with drafted tenant lease yielding HKD 720,000/year
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, MVNC gained 57.14%, reflecting a significant positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
For the first quarter of 2025, the Group recorded a
In addition to the strong financial performance, Marvion has commenced construction of two new warehouses totaling approximately 4,000 square feet under a newly signed 12-year lease. The total construction investment amounts to approximately
The warehouses will be managed by Propose Enterprise Limited, a wholly owned subsidiary of Marvion, which has also drafted a three-year + three-year renewable lease agreement with a new tenant, representing an annual rental income of
"Our strong performance in the first half of 2025 demonstrates the effectiveness of our growth strategy," said Mr. Chan Sze Yu, Chief Executive Officer of Marvion Inc. "The new warehouse project marks another important milestone in strengthening our logistics and warehousing operations in
About Marvion
Mavion Inc. (OTCQB: MVNC) is a group provides logistics and warehousing services in the
Website: http://www.unitedksk.com
For media queries, please contact:
ir@unitedksk.com
View original content:https://www.prnewswire.com/news-releases/marvion-inc-reports-over-100-revenue-growth-and-commences-construction-of-new-warehouses-in-hong-kong-302592960.html
SOURCE Marvion Inc.