Ming Shing Group Holdings Limited

MSWNASDAQIndustrials● Active

$1.28

$-0.06(-4.48%)

Market Cap$16608000

P/E Ratio—

52W High$6.52

52W Low$0.6

Avg Volume173K

Open$1.14

Beta5.46

Net Income Financials Revenue

Ming Shing Group Holdings Limited (MSW) Net Income & Profit History

Annual & trailing net income, net margin, YoY change, and peer profitability context.

MSW · net income · updated Jun 8, 2026

Core profitability metrics

MSW · net income · margin · TTM · CAGR

Net income was −$5.7M for FY2025 (fiscal year ending 2025-03-31), down 346.3% year-over-year. Net profit margin was -16.9%. Based on available data, Ming Shing Group Holdings Limited has been profitable since at least 2021.

FY2025 Net Income−$5.7M▼ -346.3% YoY

Trailing 12M (TTM)—trailing 4 quarters sum

Net Profit Margin-16.9%−$5.7M ÷ $33.9M

YoY Change-346.3%—

5-Year CAGRN/AN/A — contains loss years

FormulaNet Margin = Net Income ÷ Revenue × 100TTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /income-statement · US GAAP · USDUpdated: Jun 8, 2026

Annual net income history

Net Income (bars) · Net Profit Margin % (line)

Net IncomeNet LossNet Margin %★ First Profit: 2021

▸ FMP /income-statement · Annual · MSW net income history · MSW profit margin

Annual net income data

MSW · net income history · annual / quarterly

Fiscal YearNet IncomeYoY ChangeNet MarginRevenue

FY2025Loss−$5.7M▼ 346.3%-16.9%$33.9M

FY2024$2.3M▼ 16.5%8.4%$27.6M

FY2023$2.8M▲ +54.5%12.8%$21.9M

FY2022$1.8M▲ +41.7%12.5%$14.4M

FY2021★ First Profit$1.3M—20.7%$6.2M

Net income vs peers (Industrials)

MSW vs peers · net income

#CompanyNet IncomeYoYNet MarginRelative

Ming Shing Group Holdings LimitedYOU

MSW

−$5.7M-346.3%-16.9%

Loss

Union Pacific Corporation

Industrials · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

Ming Shing Group Holdings Limited (MSW) reported net income of −$5.7M for FY2025 (fiscal year ending 2025-03-31), down 346.3% year-over-year. The net profit margin was -16.9% — meaning the company kept $-0.17 of every dollar of revenue as profit.

Based on available data, Ming Shing Group Holdings Limited has been profitable since at least 2021. Net income reached a peak of $2.8M in FY2023. Data available for 5 fiscal years.

Ming Shing Group Holdings Limited's net profit margin was -16.9% for FY2025, based on the latest annual results.

Investors sometimes search for "Ming Shing Group Holdings Limited net worth" — the company's market capitalization is a separate figure from MSW net income. Data sourced from FMP /income-statement · US GAAP · USD.

Figures tie to SEC 10-K/10-Q and FMP /income-statement where noted.

Revenue Financial statements Earnings Forecast Price history Market cap Free cash flow

Frequently asked questions

MSW net income · 4 questions

Ming Shing Group Holdings Limited is not currently profitable on an annual basis. The company reported a net loss of $5.7M for FY2025.

is MSW profitabledoes MSW make a profitMSW profitabilityMSW profitable company

▸ Source: FMP /income-statement · GAAP · Ming Shing Group Holdings Limited · Ming Shing Group Holdings Limited SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026