PETALING JAYA: SSF Home Group Bhd
has posted a lower net profit of RM5.86mil for the fourth quarter ended April 30, 2025 despite a higher revenue of RM50.93mil.
In a filing with Bursa Malaysia, the furniture retailer said the increase in revenue was from sales from its new retail outlets.
It added the lower profit, however, was on the back of lower gross profit margin, as well as higher depreciation charge of right-of-use assets derived from new retail outlets in the current quarter.
SSF Home said it would continue to strengthen its retail positioning through value-for-money offerings, strategic pricing, and product innovation that align with evolving consumer preferences.
“Recent store openings, including our Glenmarie flagship, reflect our continued expansion into key urban centres.”
