99 Speed Mart ends FY24 with 29% core profit rise


PETALING JAYA: Mini-market operator 99 Speed Mart Retail Holdings Bhd, Malaysia’s largest initial public offering (IPO) of 2024, has made a “commendable finish”, with the company’s core profit after tax (PAT) surging 29% in its financial year 2024 (FY24).

Hong Leong Investment Bank (HLIB) Research said the company met market expectations, as FY24 core PAT reached RM515.1mil.

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