$SEM (5250.MY)$
#Recently, the performance of 7-Eleven Malaysia, the king of many large-scale stores, has seen a slight increase in revenue and profit, but cost pressures are also rising.
The company currently operates 2611 convenience stores, including 471 7-CAFÉ stores. 7-CAFÉ is their new flagship, 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 offer a buy-and-use experience.
This is something that online platforms and supermarkets cannot completely replace.
This quarter, the company's revenue was 0.744 billion ringgit, a 5.5% increase from 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 for the same period last year). However, rental, employee wages, and logistics costs have increased, increasing operational pressure.
7-Eleven plans to continue expanding 7-CAFÉ stores, especially by promoting this model to more cities, while increasing profits through the introduction of proprietary brands and ready-to-eat products. Although the current operating costs are relatively high, they hope to improve by optimizing products and enhancing store efficiency.
#7CAFÉ #market competition #supply chain optimization #consumer stickiness #industry...

$PCHEM (5183.MY)$ Lost 1.1 billion ringgit in just one quarter due to forex, it's really sigh-inducing. Malaysia has so many forex trading experts, can anyone lend a helping hand? It's okay if we can't make money, but at least don't let the company suffer so much losses. Clearly, the other businesses of the company are working hard to make profits, but they are being held back by exchange rate issues, it's quite heartbreaking.

$WiMi Hologram Cloud (WIMI.US)$
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...