7-Eleven Malaysia reports improved sales in FY2018

Date : 28 February 2019

Sales for 2018 grew by 1.3% from previous year.

Strong fundamentals driving growth

Expansion of the store network, higher average spend per customer and positive response to promotional activities are the reasons that have driven the growth for 7-Eleven Malaysia. The convenience retailer ended the year with revenue of MYR$2.22bn, an increase of 1.3% versus the previous year of MYR$2.19bn. Correspondingly, profit after tax ended at MYR$51.3m, a rise of 2.4% (MYR$1.2m) versus last year, for the retailer.

7-Eleven Malaysia remains positive for the future and expects domestic demand to continue driving sales. It will continue executing its core strategy of Operations Excellence, Cost Management and Commercial Innovation.

Expansion of store network to continue

7-Eleven has more than 2,000 stores in Malaysia and has announced plans to open another 200 stores in this year.

Find out more information about 7-Eleven here.

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