MaxWin International Holdings Limited reported a modest return to profitability for 1H26, supported by rapid top-line expansion in its China-based hospitality and data solutions activities, according to its interim results for the six months ended 30 June 2026.

Financial highlights • Revenue jumped 54.9 % year-on-year to S$11.03 million (1H25: S$7.06 million), fuelled by higher sales from hotel accommodation and data solutions services in China. • Gross profit edged up 2.9 % to S$1.59 million, while the gross margin narrowed to 14.4 % (1H25: 21.9 %) as the revenue mix shifted toward lower-margin service lines. • Net profit reached S$0.01 million, reversing a net loss of S$0.19 million in the prior-year period. • Administrative expenses fell 11.8 % to S$1.47 million, reflecting lower legal and professional outlays. • Finance costs rose 15.6 % to S$0.07 million, aligned with increased borrowings. • Basic and diluted earnings per share were S$0.02 cents, versus a loss of S$0.23 cents a year earlier.

Segment performance • Hospitality: S$2.99 million revenue (newly consolidated; prior period nil). • Data solutions & services: S$2.75 million, up sharply from S$0.34 million. • Component parts: S$3.43 million, down from S$4.55 million. • Sub-assembly parts: S$1.85 million, versus S$2.17 million. Combined, hospitality and data solutions contributed more than half of group turnover, versus under 5 % in 1H25.

Balance sheet and cash flow • Cash and cash equivalents stood at S$2.04 million at period-end (FY25: S$1.19 million). • Total borrowings increased to S$1.36 million (FY25: S$1.10 million). • Gearing ratio (interest-bearing debt/total equity) rose to 2.7x from 1.8x. • Current ratio slipped to 1.0x (FY25: 1.1x) due to higher trade and other payables. • Operating activities generated S$1.35 million net cash, against a S$0.79 million outflow in 1H25.

Capital expenditure and commitments • Capex remained minimal at S$0.01 million. • No assets were pledged, no material acquisitions or disposals occurred, and the group reported no significant commitments or contingent liabilities.

Dividend No interim dividend was declared for the period.

Outlook Management flagged a cautious stance amid global economic uncertainty and market volatility. The group intends to keep tightening cost controls, preserve liquidity and further develop its diversified revenue streams—particularly hospitality and data solutions in China—to enhance overall profitability and resilience.