Kuala lumpur: 99 Speed Mart Retail Holdings Bhd reported a 22.1 percent increase in net profit for the second quarter ending December 31, 2025, reaching RM153.21 million compared to RM125.53 million in the same period the previous year. Revenue also experienced a boost, rising 11.9 percent to RM2.71 billion from RM2.42 billion.

According to BERNAMA News Agency, the retailer's impressive performance was partly attributed to the net addition of 248 outlets, bringing the total to 2,894 as of June 30, 2025, up from 2,646 a year ago. The company noted that total sales transactions increased by 13.2 percent to 128.9 million, with an average basket size of RM21.0.

For the six months ending December 31, 2025, 99 Speed Mart's net profit climbed 14.6 percent to RM296.39 million, while revenue rose 9.7 percent to RM5.32 billion from RM4.85 billion in the previous year. Chief Executive Officer Lee Thiam Wah attributed the strong results to the company's consistent expansion strategy and focus on enhancing shopper experience through greater convenience and accessibility.

Lee highlighted that 99 Speed Mart operates 2,894 outlets, all opening from 9 a.m. daily to serve more customers. The company has also introduced the '4 items for RM10' series nationwide, supported by Everyday Value Zones featuring at least 40 curated products. This initiative is aimed at providing greater value to cost-conscious households and encouraging overall spending.

Looking forward, Lee expressed optimism about sustaining growth through ongoing outlet expansion and innovative retail programs to meet evolving customer needs. On the matter of dividends, the board declared a first interim dividend of RM0.0225 per ordinary share, totaling approximately RM189.0 million, for the financial year ending December 31, 2025. The dividend was paid on June 9, 2025, to shareholders on record as of May 29, 2025.