99 Speedmart 2Q PAT Rises 13% To RM163 Million From Robust Store Expansion

99 Speed Mart Retail Holdings Berhad announced its results for the second quarter ended 30 June 2026 reporting a revenue of RM3.08 billion reflecting a rise of 13.6% yoy.

Meanwhile, profit before tax grew 11.8% to RM217.4 million, while profit after tax increased 13.4% to RM163.9 million. The improvement was primarily driven by the continued expansion of the outlet network, with a net addition of 257 new outlets Y-o-Y, bringing the total to 3,151 outlets as of 30 June 2026 from 2,894 as of 30 June 2025. Total sales transactions increased 13.6% to 146.4 million, with an average basket size of RM21.00.

For the cumulative 6 months 99 Holdings delivered revenue of RM6.14 billion, which translated into a 15.5% increase compared to 1HFYE2025. PBT and PAT were RM466.8 million and RM352.5 million respectively, marking Y-o-Y increases of 20.8% and 21.8% respectively. The Company’s bulk sales e-commerce platform continued to gain traction, where revenue increased 80.5% Y-o-Y to RM50.2 million during 1HFYE2026.

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