99 Speed Mart’s Q3 net profit falls to RM107.16m 

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KUALA LUMPUR, Nov 8 — 99 Speed Mart Retail Holdings Bhd’s net profit for the third quarter ended Sept 30, 2024 (3Q 2024)...

On prospects, the group said it remained steadfast in its endeavour to expand its outlet network nationwide, with a particular emphasis on optimising revenue streams and enhancing operational efficiency.“These factors are essential in driving robust financial performance and augmenting shareholder value.“As we continue to navigate the complexities of the marketplace, the focus remains on fostering innovation and enhancing customer engagement to drive sustained growth,” it added.

Revenue however jumped by 8.8 per cent to RM2.55 billion from RM2.34 billion previously, primarily driven by the expansion of the outlet’s network, 99 Speed Mart said in a filing with Bursa Malaysia today.

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Category: EconomyBusiness

Markets: MalaysiaVietnam

Topics: Profit 99 Speed Mart Retail Holdings Bhd

Source Website Secure: Yes (HTTPS)

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Article Type: News Report

Published On: 2024-11-08 @ 20:25:46 (5 days ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

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