HH Finance plc, part of Hugo’s Lifetime Group, has reported total assets of €156.2 million for 2025, following a year marked by corporate restructuring, portfolio expansion and a €24.1 million bond issue listed on the Malta Stock Exchange.

The group’s property portfolio was valued at €135.8 million at year-end, underpinning stable income streams and improved asset management.

Net profit after tax reached €57.6 million, primarily driven by fair value gains on investment property. Revenue for the year stood at €3.5 million, while equity strengthened to €29 million.

Luke Chetcuti

Chairman Kari Pisani described the year as a “significant period of transformation”, highlighting the acquisition of All Round Entertainment Ind. Ltd, which enabled the consolidation of the group’s real estate and intellectual property assets.

A key milestone was the issuance and listing of €24.1 million in 5.2 per cent secured bonds maturing in 2035, supporting the group’s capital structure and long-term growth plans.

CEO Luke Chetcuti said the Group is entering the new financial year with a stronger balance sheet and expanding operations, supported by continued growth across the wider Hugo’s Group.

This includes the opening of a second Hugo’s Burger Bar in Qormi and plans to increase room capacity at the H Hotel.

The group is also investing in digital innovation, including the exploration of AI-driven systems to enhance financial controls and operational efficiency.

The Board expressed confidence in the group’s outlook, supported by its strengthened asset base and Malta’s tourism sector.

Featured Image:

H Hotel / Facebook

Related

Central Bank Governor dismisses European recession fears in POLITICO interview

15 May 2026
by Nicole Zammit

Current forecasts from the European Central Bank still point towards recession being avoided.

Former FBI Most Wanted hacker to challenge how Maltese CEOs think about security

15 May 2026
by MaltaCEOs

He hacked a nuclear facility at 16. The FBI put him on their most wanted list. Now he is asking ...

Why building a wine cellar has become more exciting than ever

15 May 2026
by MaltaCEOs

'No longer only about locking something away for a distant future.'

AI may be rewarding candidates who game the system, Maltese recruiters warn

14 May 2026
by Nicole Zammit

'The technology is evolving fast.'