PETALING JAYA: Fire-extinguisher manufacturer Unique Fire Holdings Bhd
, which achieved its highest quarterly earnings in its second quarter ended Sept 30 (2Q25), continues to focus on expanding its reach across Peninsular Malaysia and diversifying its product offerings.
Managing director Liew Sen Hoi highlighted that the group remains committed to capturing a larger share of the residential and commercial markets in both the southern and northern regions of Peninsular Malaysia.
Recently, Unique Fire entered a joint venture with Shanghai Mosafe Equipment Co Ltd to manufacture, distribute, and sell fire sprinklers for the South-East Asia.
“This collaboration enables us to diversify our product portfolio and strengthen our presence in the region,” Liew said.
For 2Q25, Unique Fire reported revenue of RM29.1mil, a 4.4% increase from RM27.9miln in the corresponding quarter last year.
The group’s assembly segment led the growth with a 13.8% year-on-year increase to RM14.2mil, driven by robust demand from the construction and property development sectors.
The assembly segment remained the top contributor to revenue, accounting for 48.9% of the total, followed by the distribution (25.2%) and manufacturing (23.7%) segments.
Net profit for the quarter under review rose 39.4% to RM3.4mil from RM2.4mil in 2Q24, supported by higher revenue and lower input costs due to favourable foreign exchange rates.
This lifted earnings per share to 0.84 sen a share, compared with 0.60 sen in the same quarter last year.
For the first half of its financial year 2025 (1H25), Unique Fire’s revenue rose 10.4% to RM55.1mil and net profit surged 50.8% to RM5.5mil, from RM49.9mil and RM3.6mil in 1H24, respectively.
The growth was underpinned by the expansion of the local construction and property sectors and cost advantages from a stronger ringgit.
Unique Fire, which debuted on the ACE Market on Aug 5, 2022, at 15 sen per share, closed at 40 sen last Friday.
The group raised RM21.78mil from its initial public offering (IPO) with proceeds then earmarked to expand its manufacturing, operational capabilities, and geographical coverage.
Liew said the group has utilised 82.1% of its IPO proceeds to date, in line with its business expansion plan.
Earlier this month, the group proposed to transfer its listing to the Main Market having met the profit requirements for the transfer of aggregate net profit of least RM20mil over the past five financial years, with a net profit of at least RM6mil for the most recent year.
“We believe that the transfer listing will be able to enhance the value of the shareholders,” Liew said.
Unique Fire declared a second interim single-tier dividend of 0.60 sen per share, amounting to RM2.4mil, to be paid on Dec 27, 2024. This brought its total dividend declared to 1.40 sen a share for 1H25, which is equivalent to a payout of RM5.6mil.
