Multi Ways Holdings Ltd Reports Revenue Boost from Crane Sale

Multi Ways Holdings Limited, a Singapore-based holding company with global operations, has recently announced a significant revenue boost following the sale of 23 SANY cranes for over $6.6 million. This transaction underscores the company’s strategic capability to leverage business opportunities effectively.

Operating primarily in the industrials sector, Multi Ways Holdings supplies generators, air compressors, and heavy construction equipment to a worldwide customer base. The recent crane sale marks a notable milestone in the company’s revenue generation efforts.

From a financial perspective, the company’s stock has experienced fluctuations over the past year. The asset’s price ranged from a 52-week low of $0.229 to a high of $0.78, with a recent close at $0.314 USD on May 12, 2025. This indicates a moderate recovery from its lowest point earlier in the year.

With a market capitalization of approximately $9,439,854 USD, Multi Ways Holdings continues to navigate the industrial sector, capitalizing on strategic sales to bolster its financial standing. The company’s recent success with the crane sale highlights its ongoing efforts to expand and strengthen its market presence globally.