Exsim Hospitality returns to black on new segment contribution

• For the first nine months of FY2025, Exsim Hospitality logged a net profit of RM6.97 million compared with a net loss of RM3.01 million in the previous corresponding period, as revenue surged to RM77.43 million from RM4.19 million.

KUALA LUMPUR (May 19): Exsim Hospitality Bhd (KL:EXSIMHB), formerly known as Pan Malaysia Holdings Bhd, has returned to the black in its third quarter, thanks to a new segment’s contribution.

Net profit for the three months ended March 31, 2025 (3QFY2025) stood at RM5.02 million versus a net loss of RM1.43 million in the same period a year ago, according to the group’s bourse filing on Monday.

Revenue swelled year-on-year to RM55.72 million from RM1.17 million, attributed mainly to the new revenue stream from the design and fit-out segment, which posted a revenue of RM54.55 million or 97.9% of the group’s total revenue.

No dividend was declared for the quarter.

For the first nine months of FY2025, Exsim Hospitality logged a net profit of RM6.97 million compared with a net loss of RM3.01 million in the previous corresponding period, as revenue surged to RM77.43 million from RM4.19 million.

Looking ahead, the group said the design and fit-out segment, equipped with a RM201 million order book as at end-March, is expected to support earnings in coming quarters.

“With a robust order book and growth in managed properties across our fit-out and hospitality operator divisions, the management, barring any unforeseen circumstances, anticipates sustainable growth in the group’s financial performances in the short to medium term,” Exsim Hospitality said.

“Over the next one to two years, the fit-out and hospitality operator segments are expected to serve as the key growth drivers, underpinned by the group’s sectoral expertise and strategic expansion initiatives,” it added.

Shares in Exsim Hospitality ended unchanged at 35 sen, valuing the group at RM325.1 million. 

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