CEO Luke Chetcuti celebrates continued growth across Hugo’s Group

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.

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.