KUALA LUMPUR (Feb 27) — Chin Hin Group Bhd reported a modest improvement in fourth-quarter earnings, supported primarily by a strong turnaround in its property development division.
For the quarter ended Dec 31, 2025 (4QFY2025), net profit rose 5.37% year-on-year to RM37.99 million, compared with RM36.05 million previously. Revenue increased 9.71% to RM1.09 billion from RM995.48 million, driven largely by higher contributions from ongoing property projects. No dividend was declared for the quarter.
The group’s property development segment was the key contributor to quarterly growth. It recorded a pre-tax profit of RM41.89 million, reversing a pre-tax loss of RM21.25 million in the same quarter last year. This improvement was attributed to stronger sales and progress billings from projects such as Quaver, Ayanna, Avantro, Crown, Andalan, Dawn, Aricia and Botanica Hills.
Revenue from the property segment more than tripled to RM282.86 million, up from RM76.86 million previously — reflecting healthy take-up rates and improved execution momentum.
The construction division, however, recorded lower revenue of RM249.61 million, a 16.2% decline year-on-year due to slower recognition of progress billings. Despite this, pre-tax profit remained relatively stable at RM9.37 million, indicating disciplined cost management.
Meanwhile, the building materials segment saw revenue fall 7.8% to RM459.10 million, partly due to softer demand and the strategic disposal of its wire mesh manufacturing business via the sale of Metex Steel. Pre-tax profit for the segment declined 35.5% to RM56.54 million, partly because the previous corresponding quarter included a higher fair value gain.
For FY2025, Chin Hin posted net profit of RM103.63 million, down 9.75% from RM114.82 million a year earlier. Nevertheless, full-year revenue rose 25.21% to a record RM4.07 billion, reflecting broad-based growth across its diversified operations.
Management indicated that the group enters FY2026 with improved operational clarity and execution focus. It currently holds a combined pipeline of RM5.29 billion, including RM2.18 billion in unbilled property sales and RM1.81 billion in construction orders.
Financially, the group strengthened its balance sheet, with net gearing improving to 0.48 times from 0.80 times a year ago. Cash and bank deposits rose 45.1% to RM565.5 million, enhancing liquidity for future expansion.
Chin Hin’s recovery in property development aligns with continued resilience in Malaysia’s residential and mixed-use segments. As development activities intensify, spillover effects are typically seen in industrial and commercial markets — particularly in the Klang Valley.
Growing residential and infrastructure pipelines often stimulate demand for industrial land in Selangor, especially among contractors, suppliers and manufacturers supporting large-scale construction projects. Mature corridors such as Shah Alam, Subang and Puchong remain attractive for industrial property in Subang area and factory in Puchong due to strong connectivity and established ecosystems.
At the same time, rising urban developments contribute to sustained interest in commercial property in KL, including strategically located office space in Bukit Jalil, where businesses seek proximity to expanding residential catchments and improved infrastructure.
With a strengthened balance sheet, sizable unbilled sales and a diversified pipeline, Chin Hin appears well-positioned to capitalise on ongoing demand across infrastructure, residential and industrial development — trends that continue to underpin opportunities within Kuala Lumpur and Selangor’s broader real estate landscape.
Malaysia