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99 Holdings Q1 Net Profit Rises 30.1% to RM188.6 Million, Declares 2.25 Sen Dividend

SELANGOR, 18 May 2026 – 99 Speed Mart Retail Holdings Berhad reported a 30.1% year-on-year increase in net profit for the first quarter ended 31 March 2026, supported by stronger revenue, wider product offerings, improved operating efficiency and continued expansion of its nationwide outlet network.

The Company, Malaysia’s largest home-grown mini-market chain retailer, recorded revenue of RM3.07 billion for Q1FYE2026, representing 17.5% growth from the corresponding quarter last year. Profit before tax rose 29.9% to RM249.4 million, while profit after tax increased to RM188.6 million.

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  • I am Abigail, a journalist at The Ledger Asia, covering business and finance with a focus on the Malaysian Stock Market and key economic developments across Asia. Known for clear, accessible reporting, I deliver insights that help readers understand market trends, corporate movements, and regional news shaping the Asian economy.

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