SSF Home Group Berhad (“SSF” or the “Group”), a well-known retailer in furniture, home décor, and home living products, today announced its financial results for the fourth quarter ended 30 April 2025 (“Q4 FY2025”), concluding the financial year with a total revenue of RM152.5 million and a Profit After Tax (“PAT”) of RM5.9 million.
In Q4 FY2025, the Group posted revenue of RM50.9 million, a slight improvement from RM50.6 million in the corresponding quarter last year. This growth was mainly attributed to increased contributions from newly launched outlets.
PAT for the quarter stood at RM5.95 million, marginally lower than RM6.2 million in Q4 FY2024, impacted by changes in sales mix and higher depreciation charges from Right-of-Use assets arising from new store openings.
Despite a more moderate full-year performance, SSF continued to advance operationally in FY2025, supported by resilient consumer demand, strategic pricing, and effective marketing execution.
Revenue for the year declined slightly by 7.3% from RM158.9 million in FY2024, mainly due to a softer first half. Correspondingly, PAT eased to RM5.9 million from RM7.2 million previously.
On a quarter-on-quarter basis, SSF delivered robust growth across all key metrics.
Revenue increased by 28.3% to RM50.61 million in Q4 FY2025, compared to RM39.45 million recorded in the immediate preceding quarter (“Q3 FY2025”), primarily driven by festive season demand and contributions from newly opened stores. PAT jumped 643.8% to RM5.95 million from RM0.80 million in Q3 FY2025.
This strong performance reflects the Group’s ability to leverage seasonal momentum, expand its retail footprint, and enhance operational efficiencies.
Throughout FY2025, SSF expanded its store network to more than 40 outlets nationwide, including the launch of its Glenmarie flagship SSFHOME Garden outlet, which reflects its vision to transform the home retailing experience through immersive, lifestyle-driven formats.
Mr. Lok Kok Khong, Executive Director of SSF Home Group Berhad said,
“FY2025 has been a year of resilience and recalibration for SSF. While the operating environment presented challenges, we continued executing our strategic plans, expanding into key urban centres, uplifting the retail experience, and aligning closely with evolving consumer behaviours.
Our performance underscores the strength of our value-based positioning and our growing brand relevance in Malaysia’s home living segment.”
Looking ahead, the Group remains cautiously optimistic. Malaysia’s services sector recorded 6.0% year-on-year growth in Q1 2025, supported by steady expansion in wholesale and retail trade.
The ongoing improvement in wage levels and household incomes, alongside fiscal support such as the civil servant salary revisions and higher minimum wages, is expected to sustain consumer spending momentum.
SSF will continue leveraging this favourable environment through its rebranding initiatives, store modernisation, and digital outreach strategies.
For more information about SSF Home Group Berhad, please visit their corporate website http://ssf.com.my or e-commerce website http://ssfhome.com.
