PETALING JAYA: Mini-market operator 99 Speed Mart Retail Holdings Bhd
is expected to post a core net profit at a compound annual growth rate of 16.4% between 2023 and 2027, analysts say.
This is driven by revenue growth and operating income growth, which, coupled with stable margins, should more than offset the rise in operating expenses, said CGS International Research (CGSI Research).
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