For the fourth quarter ended June 30, 2021 Berjaya Food Bhd (BFood) registered a revenue of RM180.72 million and pre-tax profit of RM22.39 million.
The company registered a pre-tax loss of RM28.54 million in the corresponding quarter of the previous year.
For the financial year ended June 30, 2021 the Group registered a revenue and pre-tax profit of RM717.27 million and RM74.37 million respectively.
With the gradual easing of the lockdown measures since the first quarter, the Group recorded higher same-store-sales growth, which resulted in the higher revenue recorded in the current financial year.
The higher pre-tax profit was in tandem with the higher revenue recorded in the current financial year, coupled with the lower operating costs which resulted from effective cost management to mitigate the impact of the COVID-19 pandemic.
The Board has declared a fourth interim dividend of 1.0 sen single-tier dividend per share (previous year’s corresponding quarter ended 30 June 2020: Nil) for the financial year ended June 30, 2021 to be payable on Sept 23, 2021.
The total dividend declared for the financial year ended June 30, 2021 amounted to 3.0 sen single-tier dividend per share. For the previous corresponding financial year ended June 30, 2020 the company had declared 2.0 sen single-tier dividend per share.
With the rising number of COVID-19 confirmed cases in Malaysia and the uncertainty in the economy caused by this prolonged COVID-19 pandemic, the directors are of the view that the Group’s operating environment will remain challenging in the next financial year.
