Jaspherlim_my
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$SEM (5250.MY)$
The recent performance of the scale giant 7-Eleven Malaysia includes slight growth in revenue and profit, but cost pressures are also increasing.
The company currently operates 2611 convenience stores, including 471 7-CAFÉ stores. 7-CAFÉ is their new flagship store, focusing on ready-to-eat meals and fresh food, attracting more customers. This model is expanding rapidly, with 88 new stores opened this quarter, the fastest growth ever.
Convenience stores provide a buy-and-use experience.
This is something that online platforms and supermarkets cannot completely replace.
This quarter, the company's revenue reached 0.744 billion ringgit, a 5.5% increase compared to the same period last year, mainly due to the revenue growth from newly opened stores and holiday consumer spending. The net income for this quarter was 10.93 million ringgit, an 11.8% year-on-year increase (compared to 9.77 million ringgit in the same period last year). However, rent, employee salaries, and logistics costs have increased, putting more pressure on operations.
7-Eleven plans to continue expanding its 7-CAFÉ stores, especially by promoting this model to more cities, while increasing profits by introducing its own brands and ready-to-eat products. Although current operating costs are relatively high, they hope to improve by optimizing products and enhancing store efficiency.
#7CAFÉ #MarketCompetition #SupplyChainOptimization #ConsumerLoyalty #Industry...
The recent performance of the scale giant 7-Eleven Malaysia includes slight growth in revenue and profit, but cost pressures are also increasing.
The company currently operates 2611 convenience stores, including 471 7-CAFÉ stores. 7-CAFÉ is their new flagship store, focusing on ready-to-eat meals and fresh food, attracting more customers. This model is expanding rapidly, with 88 new stores opened this quarter, the fastest growth ever.
Convenience stores provide a buy-and-use experience.
This is something that online platforms and supermarkets cannot completely replace.
This quarter, the company's revenue reached 0.744 billion ringgit, a 5.5% increase compared to the same period last year, mainly due to the revenue growth from newly opened stores and holiday consumer spending. The net income for this quarter was 10.93 million ringgit, an 11.8% year-on-year increase (compared to 9.77 million ringgit in the same period last year). However, rent, employee salaries, and logistics costs have increased, putting more pressure on operations.
7-Eleven plans to continue expanding its 7-CAFÉ stores, especially by promoting this model to more cities, while increasing profits by introducing its own brands and ready-to-eat products. Although current operating costs are relatively high, they hope to improve by optimizing products and enhancing store efficiency.
#7CAFÉ #MarketCompetition #SupplyChainOptimization #ConsumerLoyalty #Industry...
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Jaspherlim_my
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$PCHEM (5183.MY)$ Losing 1.1 billion ringgit in just one quarter due to forex is really lamentable. There are so many forex trading experts in Malaysia, can you lend a hand? It's okay if you can't earn, but at least don't let the company suffer so badly. Clearly, the company is working hard to make money in other businesses, but it's a pity that it's being held back by exchange rate issues.
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Jaspherlim_my
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$WiMi Hologram Cloud (WIMI.US)$
Shares of Netflix, Inc. ($NFLX) rose over 3% on Tuesday afternoon, reaching a new peak and extending gains for a second consecutive session.
The rally followed bullish analyst notes that overshadowed criticism of technical glitches during Netflix’s largest live-streaming event to date.
Wedbush Securities on Monday raised its price target for Netflix to $950 from $800, maintaining an ‘Outperform’ rating. Analyst Alic...
Shares of Netflix, Inc. ($NFLX) rose over 3% on Tuesday afternoon, reaching a new peak and extending gains for a second consecutive session.
The rally followed bullish analyst notes that overshadowed criticism of technical glitches during Netflix’s largest live-streaming event to date.
Wedbush Securities on Monday raised its price target for Netflix to $950 from $800, maintaining an ‘Outperform’ rating. Analyst Alic...
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