Company: MKDWW
Filing Date: 2025-02-21
Form Type: F-1/A
Source: 0001493152-25-007784
Chunk: 114

Company: MKDWELL Tech Inc.
Filing Date: 2025-02-21
Form: F-1/A
Chunk 114
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 For the six months ended June 30, 
 2023                              
 US$                               |           |     | 2024 
 US$  |         |     | Change 
 Amount 
 US$    |            |   |     | % |       |    |
|:------------------------------------------|:----|:----------------------------------|----------:|:----|:-----|--------:|:----|:-------|-----------:|:--|:----|:--|:------|:---|
| Sales of manufactured electronic products |     | $                                 | 1,135,324 |     | $    | 589,231 |     | $      |   (546,093 | ) |     |   | (48.1 | )% |
| Commissioned processing service           |     |                                   |   740,063 |     |      |  72,020 |     |        |   -668,043 |   |     |   | (90.3 | )% |
| Rental income                             |     |                                   |   158,012 |     |      | 113,952 |     |        |    (44,060 | ) |     |   | (27.9 | )% |
| Others                                    |     |                                   |    63,973 |     |      |  35,838 |     |        |    -28,135 |   |     |   | (44.0 | )% |
| Total                                     |     | $                                 | 2,097,372 |     | $    | 811,041 |     | $      | (1,286,331 | ) |     |   | (61.3 | )% |

Our total revenues decreased by US$1.29 million, or 61.3% from US$2.10 million for the six months ended June 30, 2023 to US$0.81 million for the six months ended June 30, 2024, primarily attributable to the decrease of sales of manufactured electronic products and commissioned processing service.

Revenues from our sales of manufactured electronic products decreased by US$0.55 million, or 48.1%, from US$1.14 million for the six months ended June 30, 2023 to US$0.59 million for the six months ended June 30, 2024, which was mainly contributed to the decrease of orders and customers.

Revenues from our commissioned processing service decreased by