Retail in Asia

In Shops

7-Eleven Malaysia’s Q3 pre-tax profit falls to USD5m

7-Eleven Malaysia Holdings Bhd’s pre-tax profit for the third quarter ended on 30 September 2015 fell to MYR22.56 million (USD5.3m) from MYR23.99 million in the corresponding period last year.

However, revenue for the quarter grew 6.6 percent to MYR519.23 million from that of last year.

In a filing to Bursa Malaysia, the group said the rise in revenue was driven by growth in new stores, improved merchandise mix and consumer promotional activities.