7-Eleven reported a fourth-quarter net loss of RM2.66mil.
PETALING JAYA: 7-Eleven Malaysia Holdings Bhd
expects potential headwinds, such as the rationalisation of RON95 fuel subsidies in June 2025 and a potential hike in the base electricity tariff for Peninsular Malaysia in July 2025, to lead to inflationary pressures.
This, the company said in a filing with Bursa Malaysia, could potentially affect lower and middle-income households.
For the fourth quarter ended Dec 31, 2024, 7-Eleven reported a net loss of RM2.66mil compared with a net profit of RM206.34mil in the previous corresponding period, while revenue rose to RM745.49mil from RM694.28mil a year earlier.
For the financial year ended Dec 31, 2024, 7-Eleven’s net profit plunged to RM41.61mil from RM261.77mil a year earlier.
Revenue rose to RM2.93bil from RM2.78bil previously.
