Senheng New Retail Bhd 2023 Annual Report
Company: Senheng New Retail Bhd
Sector: Wholesale & retail
Country: Malaysia
Year: 2023
Type: Annual Report
Pages: 28
The report presents Senheng's FY2023 performance amid weaker consumer sentiment, with group revenue of RM1,315.0 million and net profit of RM25.0 million. The company expanded and upgraded 11 outlets, taking its physical-store network to 125 locations. Its customer ecosystem reached 3.88 million PlusOne members, while the Group's workforce was approximately 1,970 employees. The report also highlights the Online-Merge-Offline initiative, supported by 1,200 trained sales professionals nationwide.
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