The Convenience Shop recorded a €3.4 million half yearly gross profit which represents an increase of around 29.9 per cent when compared to the same period last year.

In its published financial statements, the company said that revenue for the first six months amounted to €27.6 million, compared to €24.7 million for the corresponding period in 2025, representing an increase of 11.7 per cent. The report explained that this increase reflects the continued performance of the company’s existing retail network together with the contribution from new outlets.

The group also continued to expand its network as it opened 5 new outlets during the first six months of the year.

The board of directors also approved the payment of a net interim dividend of €308,000) which is equivalent to €0.01 per ordinary share. The interim dividend will be paid on the 1st December.

Total assets amounted to €49.7 million which remained at the same level as reported in 31st December of last year.

Administrative expenses increased from €2.1 million to €2.7 million, an increase of €0.6 million, or approximately 29.6 per cent. The increase reflects the costs associated with supporting the group’s expanding operations and continued investment in the organisational, technological and infrastructure capabilities required for a larger retail network.

Despite the increase in administrative expenses, the significant improvement in gross profit resulted in operating profit increasing from €562,000 to €737,000, an increase of 31.1 per cent.

In the report, the group said that the management remains focused on achieving sustainable growth while maintaining appropriate financial discipline.