99 Speed Mart Retail Holdings Berhad announced its financial results for the first quarter ended 31 March 2026, recording revenue of RM3.07 billion, representing a 17.5% year-on-year growth.
The financial performance was driven by the continued expansion of its outlet network, with a net addition of 253 outlets Y-o-Y, bringing the total outlet count to 3,086 as of 31 March 2026. Revenue growth was also supported by the implementation of earlier operation hours nationwide (from 10am to 9am). Accordingly, total sales transactions increased 18.0% to 141.1 million, while the average basket size remained stable at RM21.70.
Profit before tax and profit after tax increased to RM249.4 million and RM188.6 million respectively in Q1FYE2026, representing growth of 29.9% and 30.1% Y-o-Y, with PBT and PAT margins improving modestly to 8.1% and 6.1% respectively.
The Board of Directors has declared a first interim dividend of 2.25 sen per ordinary share,
amounting to approximately RM189.0 million in respect of the financial year ending 31 December 2026.
