expects the local economy to be driven mainly by resilient domestic spending, supported by sustained growth in employment and wage growth.
“In this regard, the group will remain vigilant and is dedicated to implementing necessary measures to navigate effectively through these headwinds and opportunities.” The company said operating expenses increased by RM20.7mil or 10.2%, primarily due to higher store operation-related expenses that was driven by longer operating hours and the addition of 88 net new stores, bringing the total number of stores to 2,581.
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