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Multi Ways Holdings Limited  (NYSEAMER: MWG)
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Multi Ways Holdings Limited's

Competitiveness



 
 

MWG Sales vs. its Competitors Q4 2023



Comparing the current results to its competitors, Multi Ways Holdings Limited reported Revenue decrease in the 4 quarter 2023 year on year by -7.06 %, despite the revenue increase by the most of its competitors of 7.66 %, recorded in the same quarter.

List of MWG Competitors

With a net margin of 4.88 % Multi Ways Holdings Limited achieved higher profitability than its competitors.

More on MWG Profitability Comparisons



Revenue Growth Comparisons




Net Income Comparison


Multi Ways Holdings Limited Net Income in the 4 quarter 2023 grew year on year by 69.16%, faster than the Multi Ways Holdings Limited's competitors average income growth of 5.91 %

<<  MWG Stock Performance Comparisons



  

Overall company Market Share Q4 2023

Overall company, revenue fell by -7.06 % and company lost market share, to approximately 8.46 %.




<<  More on MWG Market Share.
 
*Market share is calculated based on total revenue.

  News about Multi Ways Holdings Limited Contracts

Multi Ways Holdings Secures $17.6 Million Leasing Deal with Singapores Ministry of Defence, Strengthening its Growth...

June 14, 2024
Multi Ways Holdings Secures $17.6 Million Leasing Deal with Singapore s Ministry of Defence, Bolstering Growth Prospects By June 14, 2024 SINGAPORE Multi Ways Holdings Limited (NYSE American: MWG), a leading supplier of heavy construction equipment for sale and rental across Singapore and the surrounding region, has announced a significant leasing agreement with the Ministry of Defence of Singapore. The deal, valued at $17.6 million, represents a major breakthrough for the company, enhancing its growth prospects and market position.Under the terms of the agreement, Multi Ways Holdings will supply a comprehensive range of construction equipment to support the Ministry of Defence s various infrastructur...

Multi Ways and Papua New Guinea Forest Authority Join Forces to Spur Sustainable Economic Development

April 16, 2024
Multi Ways has reportedly partnered with Papua New Guinea Forest Authority (PNGFA) in a strategic initiative aimed at promoting economic growth within the island nation. This alliance, the of which is to boost the local economy while respecting environmental preservation, is part of an overall government initiative to improve economic prospects for the country s inhabitants.As a business conglomerate, Multi Ways brings a wealth of diverse industry experience to this collaboration. The company aims to leverage this industry prowess to invigorate Papua New Guinea s economic landscape, providing much-needed financial impetus, especially in the sectors closely associated with the nation s rich forestry resource...

Multi Ways Holdings Bolsters Market Presence with Fleet Expansion Strategy and Advanced SANY Equipment Integration

February 20, 2024
Multi Ways Holdings: A Strategic Approach to Fleet Expansion in Response to Positive Market OutlookIn a move to bolster its market position and cater to the ever-growing demand in the construction industry, Multi Ways Holdings has announced a comprehensive fleet expansion and renewal strategy. The company aims to achieve this through the incorporation of state-of-the-art SANY equipment, aligning with its commitment to delivering the highest standards of service and meeting client expectations.The construction sector is experiencing an upswing, driven by various factors such as increased infrastructure projects, urbanization, and population growth. As a result, industry players are striving to optimize their ...





Publicly Traded Peers of Multi Ways Holdings Limited




H and e Equipment Services Inc
Share Performance



-1.53%
Over The Past 5 Days



H and e Equipment Services Inc
Profile

H&E Equipment Services Inc. operates a business model focused on providing rental, sales, and service of industrial equipment to various industries.

More about H and e Equipment Services Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 3,441.300 mill. $ 1,464.681 mill. $ 90.885 mill.




Sources: Multi Ways Holdings Limited and all companies mentioned above in this report


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