- Mingteng International Corporation Inc. reported **total revenue** of **$5.26 million** for the first half of fiscal year 2025, an increase of **13.2%** compared to the same period last year.  **[1948099_20251001CN87753:0]** 
- The company experienced a **net loss** of **$1.36 million** and **basic and diluted losses per share** of **$0.20** for the first half of fiscal year 2025.  **[1948099_20251001CN87753:0]** **[1948099_20251001CN87753:2]** 
- **Gross profit** for the first half of fiscal year 2025 was **$1.47 million**, a decrease of **11.1%** from the prior year, with the **gross margin** at **27.9%**.  **[1948099_20251001CN87753:0]** **[1948099_20251001CN87753:1]** 
- Revenue from **machining services** increased by **39.1%**, and **research and development (R&D) spending** rose by **42.1%** in the first half of fiscal year 2025.  **[1948099_20251001CN87753:0]** **[1948099_20251001CN87753:1]**

Mingteng International Announces First Half 2025 Financial Results

- Mingteng International reported a **net loss of $(1,356,773)** for the six months ended June 30, 2025, significantly higher than the net loss of $(265,842) for the same period in 2024, primarily due to a **$1,356,618 other-than-temporary impairment** on long-term investments.  **[1948099_0001213900-25-093931_ea025910001ex99-2_mingteng.htm:1]** **[1948099_0001213900-25-093931_ea025910001ex99-1_mingteng.htm:5]** 
- For the six months ended June 30, 2025, revenue increased by **13.2%** to **$5,261,469** compared to the same period in 2024, but **gross profit decreased by $183,368** to **$1,468,420** as the cost of revenues rose by **26.7%**.  **[1948099_0001213900-25-093931_ea025910001ex99-2_mingteng.htm:1]** **[1948099_0001213900-25-093931_ea025910001ex99-1_mingteng.htm:2]** **[1948099_0001213900-25-093931_ea025910001ex99-1_mingteng.htm:3]** **[1948099_0001213900-25-093931_ea025910001ex99-1_mingteng.htm:4]** 
- The company's total shareholders' equity decreased to **$7,127,162** as of June 30, 2025, from **$8,453,631** as of December 31, 2024.  **[1948099_0001213900-25-093931_ea025910001ex99-2_mingteng.htm:0]** 
- On August 12, 2025, the board of directors approved the re-designation of ordinary shares into Class A and Class B shares, with Class A shares carrying one vote and Class B shares carrying twenty votes.  **[1948099_0001213900-25-093931_ea025910001ex99-2_mingteng.htm:23]**

Mingteng International Corp (MTEN)