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Wednesday, 21 October 2026
Markets

Fiamma Q2 Revenue Surges 41.5% to RM117.2 Million as Property Recognition Accelerates

By Abigail Cheong2 min read

Kuala Lumpur, 24 August 2026 – Home appliances distributor and property developer Fiamma Holdings Berhad reported a 41.5 percent year-on-year increase in revenue to RM117.2 million for the second quarter ended 30 June 2026 (2Q FY2026), driven by robust core trading sales and accelerated billing progress from its Johor Bahru mixed development project.

The group’s profit before tax for 2Q FY2026 grew 18.2 percent year-on-year to RM19.8 million compared to RM16.8 million in the previous corresponding quarter, while gross profit climbed 38.3 percent to RM35.2 million. Profit attributable to owners of the company (PATAMI) rose 15.9 percent to RM16.2 million, resulting in basic earnings per share improving to 3.05 sen from 2.63 sen previously.

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Author

  • I am Abigail, a journalist at The Ledger Asia, covering business and finance with a focus on the Malaysian Stock Market and key economic developments across Asia. Known for clear, accessible reporting, I deliver insights that help readers understand market trends, corporate movements, and regional news shaping the Asian economy.