99 Speed Mart Retail Holdings Berhad (99SMART) Q3 2025 earnings summary

Executive summary

• Revenue for Q3 2025 rose 19.1% year-over-year to RM3,037.8 million, driven by outlet expansion and steady consumer demand for essentials.

• Net profit for Q3 2025 increased 49.9% year-over-year to RM160.7 million, with normalised PAT up 27.5%.

• 269 new outlets were added year-over-year, bringing the total to 2,966 as of 30 September 2025.

• The company opened its first international outlet in Fuzhou, China, and entered Kelantan, achieving nationwide presence.

Financial highlights

• Gross profit for Q3 2025 was RM328.3 million, up 21.7% year-over-year, with a GP margin of 10.8%.

• Profit before tax for Q3 2025 was RM211.6 million, up 45.8% year-over-year.

• For the nine months ended 30 September 2025, revenue grew 13.0% to RM8,357.2 million, and net profit rose 24.9% to RM457.0 million.

• Cash and bank balances increased to RM1,066.1 million as at 30 September 2025.

• Net cash generated from operating activities for the nine months was RM787.5 million.

Outlook and guidance

• The company targets opening 250 new outlets annually and expects to surpass 3,000 outlets nationwide by year-end 2025.

• Ongoing expansion and SARA initiatives are expected to drive further growth and customer loyalty.