First Mutual Holdings Limited has released its audited abridged consolidated financial statements for the year ended 31 December 2025, showing a resilient performance amidst a challenging operating environment.
The Group’s net property income was US$4.57 million (FY 2024: US$4.84 million), with total revenue at US$8.97 million (FY 2024: US$9.03 million). Rental income remains the primary revenue source, with rental collections remaining resilient at 80% and average occupancy at 84%.
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Book NowThe property portfolio was valued at US$136.08 million, up 2.35% from December 2024. US$858k was invested in infrastructure maintenance.
The company did not declare a dividend for the fourth quarter of 2025. The total dividend for 2025 was USD134,300 (USD0.000108 cents per share) and ZWG1,249,500 (ZWG0.001 cents per share).
The Chairman Elisha K. Moyo noted that the operating environment was relatively stable, with tight monetary and fiscal policies supporting the multi-currency system. The Group maintained a disciplined approach to asset management, tenant retention, and capital allocation.
Looking ahead, the business outlook for 2026 remains cautiously optimistic, with expectations of continued economic growth, moderating inflation, and relative currency stability. Management committed to prioritize income growth, portfolio diversification, and prudent risk management practices.
