FIAMMA Holdings Bhd, a Main Market-listed home appliance maker/distributor, healthcare industry player and property developer has delivered a robust improvement in profitability for its FY2025.
This performance was supported by disciplined execution, balance sheet strengthening and the group’s strategic alignment with conglomerate Chin Hin Group Bhd’s integrated home, living and building materials ecosystem.
The group in its FY2025 ended Dec 31, 2025 posted a 52% year-on-year (yoy) surge in its pre-tax profit to RM81.6 mil (FY2024: RM53.72 mil) while its net profit edged up 63.0% yoy to RM64.9 mil (FY2024: RM39.82 mil), thus boosting Fiamma’s earnings per share (EPS) to 12.24 sen from 7.51 sen the year before.
Revenue for the year stood at RM381.2 mil which reflected a 2.4% yoy increase from RM372.15 mill in FY2024.
While top-line growth remained measured amid a cautious consumer environment, the group’s focus on margin quality, cost discipline and capital optimisation has translated into a meaningful expansion in profitability.
“FY2025 was a year of disciplined execution and purposeful progress,” recounted Fiamma’s group CEO Jimmy Tan Chee Wee.
“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.
Added Tan: “This outcome reflects the resilience of our core businesses and the strength of our operating fundamentals.
“For FY2026, we’re focused on sustaining quality earnings growth by strengthening our core trading platforms, expanding higher-margin categories and maintaining a prudent balance sheet, thus positioning Fiamma to deliver long-term value for shareholders.”
Meanwhile, Fiamma’s Trading & Services segment continued to anchor the group’s performance by contributing RM328.2 mil or 86.1% of group revenue.
Segment revenue rose 5.7% yoy to RM328.2 mil while the group segment PBT grew 16.7% to RM43.6 mil, supported by a stronger product mix and sustained demand across core home appliance and healthcare categories.
During its FY2025, Fiamma had deliberately shifted towards higher-margin product categories. They include energy-efficient home appliances, kitchen solutions and healthcare-related products which effectively align the group’s offerings with evolving consumer preferences and longer-term structural demand.
A key highlight of FY2025 was the group’s successful balance sheet re-positioning. Moreover, Fiamma has moved from a net debt position of RM45.2 mil as of end-FY2024 to a net cash position of RM59.0 mil as at of end-December 2025.
As a result, Fiamma’s net assets per share further strengthened by 9.3% to RM1.47, thus reflecting sustained value creation for shareholders and providing the group with greater financial flexibility to support future growth initiatives.
At the close of today’s (Feb 24), Fiamma was down 5 sen or 4.63% with 1.04 million shares traded, thus valuing the group at RM546 mil. – Dec 24, 2026
