PETALING JAYA: 99 Speed Mart Retail Holdings Bhd (99 Holdings), Malaysia’s largest homegrown mini-market chain retailer, reported revenue of RM3.08 billion for the second quarter ended June 30, 2026 (Q2’26), reflecting a 13.6% year-on-year (YoY) growth.
Profit before tax (PBT) grew 11.8% to RM217.4 million, while profit after tax (PAT) increased 13.4% to RM163.9 million.
The improvement was primarily driven by the continued expansion of the outlet network, with a net addition of 257 new outlets YoY, bringing the total to 3,151 outlets as of June 30, 2026, from 2,894 as of June 30, 2025.
Total sales transactions increased 13.6% to 146.4 million, with an average basket size of RM21.
For the cumulative six months (H1’26), 99 Holdings delivered revenue of RM6.14 billion, a 15.5% increase from H1’25.
PBT and PAT were RM466.8 million and RM352.5 million, up 20.8% and 21.8% YoY, respectively.
The group’s bulk sales e-commerce platform continued to gain traction, with revenue up 80.5% YoY to RM50.2 million in H1’26.
Founder and CEO of 99 Holdings Lee Thiam Wah said the group maintained positive growth momentum this quarter, supported by continued outlet expansion and the nationwide implementation of earlier opening hours.
“At the same time, our continued focus on operational efficiency is beginning to deliver tangible benefits, with energy-saving initiatives and equipment contributing to lower utility costs and improved cost efficiency across our operations.
“As our outlet network continues to grow, we remain committed to strengthening our supply chain to support operational efficiency.
“In July 2026, we commenced operations at our new distribution centre in Semenyih, which will support approximately 180 outlets in and around Semenyih.”
Lee said 99 Holdings continues to broaden product offerings to meet evolving customer needs.
“Following the encouraging response to our selected home appliances range, we have expanded their availability to all outlets nationwide and introduced them through the 99 Bulksales platform to better serve corporate and bulk purchase customers.
“Together with instalment payment options offered through our banking partner, these efforts will enhance convenience and affordability, while creating new growth opportunities for the group,” he added.
