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KUALA LUMPUR: Berjaya Sports Toto Bhd (BToto), which posted an 18.1% drop in net profit to RM53.26mil in the second quarter ended Dec 31 (2Q22), gas declared a second interim dividend of 1.0 sen per share.
Gaming stocks on steady recovery path thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.
KUALA LUMPUR: The worst is likely over for Berjaya Sports Toto Bhd (BToto), as the government has given the greenlight for number forecast operators to resume operations in various stages under the National Recovery Plan.
BANKING stocks see-sawed this week on news that the government has instructed financial institutions to work on waiving interest repayment for recipients of loan moratoriums in the lower income category.
BToto profit beats analysts' estimates themalaysianreserve.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from themalaysianreserve.com Daily Mail and Mail on Sunday newspapers.
16 Jul 2021 / 21:37 H. PETALING JAYA: Berjaya Corp Bhd (BCorp) said its board of directors is not aware of any plan to privatise the group’s subsidiary Berjaya Land Bhd, sell Berjaya Sports Toto Bhd, and set up a hospitality real estate investment trust. The group clarified that the plans are personal idea and strategies of its CEO Abdul Jalil Abdul Rasheed. It explained that Jalil’s appointment was made to transform BCorp into an institutionalised group, managed by professionals. Jalil was mandated to relook at the BCorp structure and amongst others to improve synergies & efficiency, streamline the various group businesses and to transform BCorp into a high performing organisation.
BCorp unveils three-year strategic plan to streamline business, unlock value theedgemarkets.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theedgemarkets.com Daily Mail and Mail on Sunday newspapers.
(BToto) said net profit fell 62% in the March quarter to RM18.68mil on revenue of RM1.12bil due to Covid-19 restrictions. Sports Toto Malaysia Sdn Bhd, the group's principal subsidiary, registered a decrease in revenue and pre-tax profit of 36.1% and 65.1%, respectively. The lower revenue registered in the current quarter was mainly due to the implementation of the Second Movement Control Order (MCO 2.0) in all states in Malaysia except for Sarawak from Jan 13 to Feb 18. "Even though Sports Toto outlets resumed operations on Feb 19, sales recovery was slower than expected due to weaker consumer sentiments and consumers being cautious in patronising sales outlets during the Conditional MCO period.
The Week That Was - Stimulus, PNB, Felda, Glove exports thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.
KUALA LUMPUR (Feb 23): Based on corporate announcements and news flow today, companies in focus tomorrow (Feb 24) may include: Nestle (M) Bhd, Petronas Chemicals Group Bhd, Perak Transit Bhd, IOI Corp Bhd, Leong Hup International Bhd, Sunway Construction Group Bhd, Petron Malaysia Refining & Marketing Bhd, ATA IMS Bhd, Syarikat Takaful Malaysia Keluarga Bhd, Manulife Holdings Bhd, Frontken Corp Bhd, Samchem Holdings Bhd, Berjaya Sports Toto Bhd, Supermax Corp Bhd, Genting Malaysia Bhd and AT Systematization Bhd. Nestle (M) Bhd's (Nestle Malaysia) net profit for the fourth quarter ended Dec 31, 2020 ticked up 0.5% to RM132.47 million from RM131.82 million a year earlier. The group said its revenue registered a 3.1% increase to RM1.37 billion from RM1.33 billion a year ago, underpinned by sales in Out-of-Home channels as restrictions eased in the second half of the year under the Recovery Movement Control Order. Earnings per share increased marginally to 56.5 sen from 56.21 sen previously. Nestle also declared a third interim dividend of 92 sen per share totalling RM215.74 million for the financial year ended Dec 31, 2020 (FY20), to be paid on May 20, 2021. Cumulatively, this will bring total dividends for the year to RM2.32 per share. For FY20, Nestle Malaysia's net profit dipped to RM552.71 million from RM672.91 million a year ago, on the back of revenue of RM5.41 billion versus RM5.52 billion.