KUCHING: Ceramic tiles manufacturer Kim Hin Industry Bhd has reported improved sales by its Australia operation while making a turnaround in its China operation after cessation of the manufacturing activities in Shanghai a year ago.
In fourth quarter to December 31, 2025 (4Q2025), Kim Hin significantly narrowed its group net loss to RM8.51 million from RM18.8 million in 4Q2024 as revenue grew to RM86.4 million from RM81.7 million. Losses per share were reduced to 6.07sen from 13.41sen.
In FY2025,group net loss was cut to RM23.3 million from RM29.2 million despite drop in revenue to RM258.9 million from RM311.3 million year-on-year.
In the current financial year, Kim Hin group’s all four operating segments in different countries reported reduced sales. The Malaysia operation generated sales of RM148.8 million (FY2024:RM177.5 million), Australia operation reported sales of RM104.9 million (RM128 million), China operation recorded sales of RM17.4 million (RM21.1 million) and Vietnam operation contributed sales of RM967,000 (RM1.4 million).
The Malaysia operation narrowed its losses to RM13.1 million (-RM18.9 million) but Australia operation lost more money to RM16.1 million (-RM13.8 million) whereas China operation increased its profits to RM6.37 million (+RM3.92 million) and Vietnam operation reduced its losses to RM385,000 (- RM486,000).
As compared to the immediate preceding quarter (3Q2025), Kim Hin reported a sharp increase in group revenue to RM86.4 million in 4Q2025 (3Q2025:RM63.1 million). “This can be attributed to improved sales mainly in the group’s Australian geographical segment during the current financial quarter.”
However, the group incurred higher pre-tax loss of RM5.4 million (-RM4.1 million) due mainly to higher impairment.
On prospects, Kim Hin said it looks at 2026 with caution given the increasingly uncertain global environment, shaped by ongoing geopolitical tensions, tariff-related developments and conflicts.
“These external challenges are expected to influence the group’s performance, alongside fluctuations in operating costs, foreign exchange volatility, and heightened competition in the domestic markets due to an influx of imported tiles.
“In response, the group continues to adopt strategic measures to address market risks and challenges associated with geopolitical and economic uncertainties,” it added.
On the shortfall of the company’s public shareholding spread, Kim Hin said Bursa Securities Malaysia Bhd had granted the company another extension of time of six months until August 13, 2026 to comply with the public spread requirement.
As at February 23, 2026, the company’s public shareholding spread stood at 23.64 per cent (minimum requirement is 25%).
“The company has yet to formulate any rectification plan to address the shortfall in the public spread requirement,” it said in a separate announcement.
The shortfall in the public shareholding spread was a direct consequence of valid acceptance pursuant to the offer and dealings in Kim Hin shares by major shareholder Chua Seng Huat to take the company private at 85sen per share last year.
Chua had failed to privatise the company as he did not obtain the required percentage from minority shareholders.
