Marvion Inc. Reports Over 100% Revenue Growth and Commences Construction of New Warehouses in Hong Kong
Prnewswire·2025-10-24 12:18

Financial Performance - Marvion Inc. reported a 138% increase in revenue and a 158% increase in gross profit for Q1 2025 compared to Q1 2024 [2] - In Q2 2025, revenue rose by 147% while gross profit grew by 68% year-over-year [2] Expansion Plans - The company has commenced construction of two new warehouses totaling approximately 4,000 square feet under a 12-year lease, with a total investment of approximately HKD 1.5 million [3] - The new warehouses will be managed by Propose Enterprise Limited, a wholly owned subsidiary of Marvion, which has secured a three-year + three-year renewable lease agreement with a new tenant, expected to generate annual rental income of HKD 720,000 [4] Strategic Outlook - The CEO of Marvion Inc. emphasized that the strong performance in the first half of 2025 reflects the effectiveness of the company's growth strategy and the new warehouse project is a significant milestone for enhancing logistics and warehousing operations in Hong Kong [5]