Kandal M Venture Limited (NASDAQ: FMFC) shares were in the green Friday, as the company, contract manufacturer of affordable luxury leather goods with manufacturing operations in Cambodia, today announced an update on customer orders for the fiscal year ending March 31, 2026.
As of today, the Company has received new orders for Trans 2026 season of approximately US$4.0 million, for total orders to date for Fiscal Year 2026 of approximately US$17.2 million. Customer orders for the year are meeting expectations in spite of the tariff headwinds in 2025.
In the fashion industry, the Trans Season typically corresponds to the end of the Spring season and before the Fall season in the United States. Spring Season spans January through March, while Trans season spans April to July.
The Company added that it hopes to build on its current success by expanding geographically and growing its customer base.
“The orders our customers placed with us reflects the continued confidence they have in our capabilities and our commitment to quality,” said Board Chairman Duncan Miao.
Kandal’s current clientele includes several globally recognized fashion brands headquartered in the United States.
FMFC shares acquired 4.9 cents, or 8.9%, to 59 cents.
