MAIN Market-listed Fiamma Holdings Bhd has a stellar 2Q FY2026 ended June 30, 2026 with its revenue having jumped 41.5% year-on-year (yoy) to RM117.25 mil from RM82.85 mil a year earlier.
Both the group’s pre-tax and net profits during the period under review edged up 18.2% and 16% yoy respectively to RM19.81 mil (2Q FY2025: RM16.76 mil) and RM16.17 mil (2Q FY2025: RM13.95 mil).
Gross profit rose 38.3% to RM35.2 mil during 2Q period which together translated to basic earnings per share of 3.05 sen, up from 2.63 sen previously.
For the six-month period, revenue for the home appliance maker/distributor, healthcare industry player and property developer firmed 22.2% yoy to RM221.61 mil (1H FY2025: RM181.36 mil) with all its three operating segments recording growth.
The group’s 1H FY2026 pre-tax profit stood at RM33.22 mil from the prior year’s RM57.94 ml with the variance being primarily a base effect resulting from higher non-recurring gains recorded in 1H FY2025.
Solid Property Dev’t segment
Adjusting for one-off items across both periods, the group’s normalised 1H FY2026 pre-tax profit organically rose 9.7% to RM29.3 mil.
Operationally, the revenue acceleration was driven by a dual-engine performance with Trading & Services remaining the group’s primary revenue contributor by having generated RM175.2 mil in 1HFY2026 or 79.1% of the group’s total revenue as well as a 13.5% yoy increase.
The segment continued to benefit from demand across its home, lifestyle and healthcare portfolio while Fiamma continues to expand into higher-growth categories including smart and energy-efficient appliances, cleaning solutions, air-conditioning and healthcare devices.
For 2Q FY2026, segment revenue chalked up 15.5% yoy to RM88.2 mil. Concurrently, the Property Development segment delivered a breakout quarter with segment revenue spiralled 77.8% to RM43.70 mil driven by aggressive recognition of the group’s Johor Bahru mixed development.
“2Q FY2026 reflects improving momentum across our businesses with Trading & Services continuing to provide a stable operating base,” commented Fiamma’s group CEO Jimmy Tan Chee Wee.
“We shall continue to focus on building sustainable growth rather than pursuing short-term gains, and strengthen our commitment to building a stronger, more integrated business that will continue creating value for customers, business partners and shareholders for many years to come.”
Added Tan” “These priorities are consistent with our broader strategy of strengthening our operating businesses, improving execution and building a more resilient earnings base over the long term.”
At 3.40pm, Fiamma was unchanged at RM1.05 with no share traded, thus valuing the company at RM557 mil. – Aug 24, 2026
