INTEGRATED builder, developer and home solutions provider, Chin Hin Group Bhd, has dished out a 1Q FY2026 ended March 31, 2026 results that reflect resilient performance, improved earnings quality and strengthened financial discipline.
The group reported a pre-tax profit of RM68.05 mil (1Q FY2025: RM67.12 mil) supported by structurally improved earnings mix and continued margin expansion alongside a robust RM5.41 bil execution pipeline spanning its core business.
For the quarter under review, the group recorded revenue of RM931.96 mil which was a slight 2.1% moderation from RM951.95 mil in 1Q FY2025.
Despite the softer top line, Chin Hin achieved stronger profitability with gross profit inching up 2.7% to RM182.03 mil, thus lifting the gross profit margin to 19.5% which enabled its pre-tax profit to grow 1.4% to RM68.05 mil.
The group’s performance was underpinned by stronger contributions from its Property Development and Home & Living divisions, a reflection of continued shift towards higher-margin segments.
The Property Development spiked 24.4% to RM233.08 mil with its pre-tax profit firming 13.5% to RM29.82 mil, supported by progressive billing milestones and sustained sales across on-going developments.
Across the board acceleration
The Home & Living segment delivered improved profitability despite lower segment revenue with pre-tax profit edging up 6.5% to RM26.20 mil. The kitchen and wardrobe systems business remained a key driver with revenue surging 22.6% to RM122.95 mil and pre-0tax profit quadrupling to RM15.0 mil.
Within the Building Materials division, the Autoclaved Aerated Concrete (AAC) and precast concrete business recorded a 17.5% jump in revenue to RM142.49 mil while its pre-tax earnings spiralled 40.1% to RM13.30 mil backed by improved demand and execution efficiency.
Group earnings were further supported by a RM10.55 mill net gain on bargain purchase following the strategic acquisition of Chin Hin Concrete KL Sdn Bhd.
“This was a steady quarter for Chin Hin. We achieved improvements in margins and cash flow while revenue was slightly lower,” commented Chin Hin Group’s group managing director Datuk Wira Chiau Haw Choon.
“The stronger contribution from Property Development and Home & Living reflects our on-going shift towards a more balanced and higher-quality earnings profile.”
Added Chiau: “Our focus remains clear – to strengthen execution, convert work into cash and protect margins as we build a more resilient and integrated organisation.”
This pipeline provides immense forward visibility. As of end-March 2026, Chin Hin maintained healthy forward visibility across its core businesses.
The Construction division has an outstanding order book of RM1.97 bil, supported by on-going projects such as Hospital Langkawi, Pan Borneo packages, Quaver Residence and Ayanna Resort Residences.
The Property Development division recorded unbilled sales of RM2.20 bil, backed by projects including Quaver, Ayanna, Avantro, Solarvest, The Crown, Andalan, Dawn, Aricia and Botanica Hills.
The group’s 70% subsidiary Signature International Bhd also maintained a backlog of RM1.14 bil in kitchen and wardrobe system orders and RM98 mil in interior fit-out works.
Together, these provide the group with an estimated combined order book, unbilled sales and backlog of approximately RM5.41 bil.
Chin Hin’s financial position improved materially during the quarter. Net cash from operating activities surged 44.8% to RM64.16 mil, driven by disciplined receivables collection and working capital management.
Total cash and fixed deposits increased to RM623.97 mil. Consequently, net gearing dropped to 0.51 times.
Looking ahead, Chin Hin remains focused on disciplined execution across its four core businesses, supported by its integrated ecosystem.
“Our priority for FY2026 is to drive better execution across all divisions, manage cost prudently and strengthen overall Group performance,” envisages Chiau. “Our overall strategy is not about short-term expansion but about building a more connected, disciplined and future-ready Chin Hin.”
At 10.45am, Chin Hin Group was down 1 sen or 0.48% to RM2.09 with 2,500 shares traded, thus valuing the company at RM7.4 bil. – May 22, 2026
