HH Finance p.l.c., the financing arm of the Hugo’s Lifetime Group, has released its 2025 consolidated financial statements, detailing a year of significant corporate restructuring and capital market expansion.
The Group, which manages a portfolio of prime hospitality and entertainment real estate in St. Julian’s, reported total consolidated assets of €156.2 million.
Net profit after tax stood at €57.58 million, a figure primarily driven by a €64.8 million upward revaluation of its property portfolio. That portfolio is now valued at €135.8 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.
AREIL owns the physical bars, restaurants and majority of the Group’s real estate. It reported revenue of €3.56 million for 2025 – a 23% increase over the previous year. Revenue was generated from a mix of rental income and intellectual property licensing fees charged to other operating companies within the Hugo’s Group.
A central milestone for the Group was the issuance and listing of €24.13 million in 5.2% secured bonds on the Malta Stock Exchange. Money raised through the bond were deployed to refinance existing debt and support the Group’s ongoing growth initiatives.
In early 2026, the Group appointed Grant Thornton Malta as its new statutory auditor.
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.
Chetcuti said the Group is also exploring AI-driven systems to enhance financial controls and operational efficiency.
