KUALA LUMPUR: Fiamma Holdings Bhd, a leading distributor of home appliances, sanitaryware, and healthcare products, recorded profit before tax (PBT) of RM81.6 million for the financial year ended Dec 31, 2025 (FY25), representing a 51.9% increase year-on-year (YoY), while profit after tax attributed to owners of the company (PATAMI) rose 63.0% to RM64.9 million, boosting earnings per share to 12.24 sen from 7.51 sen in the previous financial year.
The group delivered a robust improvement in profitability supported by disciplined execution, balance sheet strengthening, and the strategic alignment with Chin Hin Group Bhd’s integrated home, living, and building materials ecosystem.
Revenue for the year stood at RM381.2 million, reflecting a 2.4% increase from RM372.2 million in FY24.
While top-line growth remained measured amid a cautious consumer environment, the group’s focus on margin quality, cost discipline, and capital optimisation translated into a significant expansion in profitability.
Fiamma group CEO Tan Chee Wee said FY25 was a year of disciplined execution and purposeful progress.
“While revenue growth remained measured, our focus on margin quality and capital efficiency delivered a substantial uplift in profitability and enabled the group’s transition from a net debt to a net cash position.
“This outcome reflects the resilience of our core businesses and the strength of our operating fundamentals. For FY26, we are focused on sustaining quality earnings growth by strengthening our core trading platforms, expanding higher-margin categories, and maintaining a prudent balance sheet, positioning Fiamma to deliver long-term value for shareholders,” he said in a statement.
The trading and services segment continues to anchor the group’s performance, contributing RM328.2 million, or 86.1% of group revenue.
Segment revenue rose 5.7% YoY to RM328.2 million, while segment PBT grew 16.7% to RM43.6 million, supported by a stronger product mix and sustained demand across core home appliance and healthcare categories.
During the year, the group deliberately shifted toward higher-margin product categories.
This includes energy-efficient home appliances, kitchen solutions, and healthcare-related products, effectively aligning its offerings with evolving consumer preferences and longer-term structural demand.
A key highlight of FY25 was the group’s successful balance sheet repositioning.
Fiamma moved from a net debt position of RM45.2 million at the end of FY24 to a net cash position of RM59.0 million as of Dec 31, 2025.
As a result, net assets per share further strengthened by 9.3% to RM1.47, reflecting sustained value creation for shareholders and providing the group with greater financial flexibility to support future growth initiatives.
The Sun Malaysia
