PETALING JAYA: Main Market-bound 99 Speed Mart Retail Holdings Bhd
reported a revenue of RM2.4bil for the second quarter ended June 31, 2024, reflecting a RM183.3mil or 8.2% year-on-year (y-o-y) increase, mainly attributed to higher sales led by the contribution from new outlets and positive impact from the bulk sales e-commerce platform.
In a statement, the country’s largest home-grown mini market chain retailer said total sales transactions also rose by 12.9% to 113.8 million transactions y-o-y, partially offset by a lower average basket size, which reduced by 4.2% to RM21.30.
