Snowfit Group Bhd
MMYX:SNOWFIT0.10
MYR
0.00
(0.00%)
ISIN
MYL03054O003
Return %
Stock
S&P 500
1Y
-16.67
14.20
3Y
-50.00
81.12
5Y
- -
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Semi-annual Revenue
FRC
•
in mil. unless spec.Semi-annual Earnings Per Share
FRC
•
in mil. unless spec.Semi-annual Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Cheng Yong Low
- Sector
- Retail trade
- Industry
- Specialty stores
- Address
- Kuala Lumpur Malaysia
- IPO Date
- Jun 21, 2022
- Website
- snowfit.my
- Similar Companies
- Business
- Snowfit Group Berhad is a Malaysia-based investment holding company that engages in the retail, marketing, and distribution of wellness equipment, home health devices, and lifestyle consumer products. The company conducts its principal operations through its subsidiary, Snowfit Malaysia Sdn. Bhd., serving retail consumers and residential households across Malaysia via an omnichannel distribution model that integrates physical retail showrooms, experience stores, and major e-commerce platforms. The company offers products across multiple wellness categories, comprising massage chairs and recliners, including the FirstClass, Latte, Onsen, Alexander, Royal, Nagomi, and Skywalker product lines; portable and targeted body massagers, including foot massagers, neck and shoulder massagers, eye massagers, slimming belts, and handheld massage devices such as the Mini Turbo Gun, Pocket Go, Super Sedap, TravelBud, and Max Care; smart wellness and fitness equipment, including foldable treadmills, the Snowfit TableBIKE indoor exercise bike, the Spaceship Smart Mattress sleep system, and ergonomic memory foam pillows; and legacy retail offerings in musical instruments and musical accessories. In recent developments, Snowfit Group Berhad has strategically repositioned its business model to phase out its non-core musical instruments division in order to focus resources on smart wellness technologies, expanded its domestic distribution network through targeted showroom and warehouse capacity upgrades, broadened its e-commerce customer touchpoints, implemented circular economy and environmental sustainability initiatives including furniture and sofa trade-in recycling campaigns, and enacted corporate governance updates involving executive leadership and board transitions following its public listing on the LEAP Market of Bursa Malaysia. Founded in 2016, Snowfit Group Berhad is headquartered in Balakong, Selangor, Malaysia.