PETALING JAYA: Berjaya Corporation Bhd (BCorp) posted revenue of RM2.46 billion and pre-tax loss of RM91.64 million for the fourth quarter ended June ...
Berjaya Corporation Bhd posted revenue of RM2.46 billion and pre-tax loss of RM91.64 million for the fourth quarter ended June 30, 2024 .
The stockbroking business also registered an increase in revenue due to higher brokerage income in line with an increase in market trading volume. The asset and fund management business rose due to higher fund management income earned. The services segment reported a higher pre-tax profit which was in tandem with the higher revenue and coupled with lower prize payout by STM Lottery in the quarter under review.
Non-food retail’s lower revenue was mainly due the current sentiment in relation to the conflict in the Middle East.reported higher revenue in the year, mainly due to higher sales of overseas residence units.revenue contribution from Iceland Parliament Hotel, which commenced operations in December 2022.Additionally, STM Lottery reported higher revenue despite conducting fewer draws during the year .
The food retail business reported a pre-tax loss in the year mainly due to the reason mentioned above.’s higher pre-tax profit was in tandem with the higher revenue achieved in the current year.Services
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