Berjaya Corporation Berhad posted a higher revenue of RM2.56 billion as compared to a revenue of RM2.35 billion in the corresponding quarter of the previous year. The group attributed the higher revenue mainly contributed by the non-food retail business and hospitality segments.
In the non-food retail business segment, H.R. Owen Plc’s revenue increased mainly due to improved sales from both new and used car sectors coupled with favourable foreign exchange effects during the current quarter under review.
The group reported a pre-tax loss of RM8.70 million in the current quarter as compared to RM16.72 million reported in the corresponding quarter of the previous year, due to lower net investment-related expenses incurred as well as a share of better results from associated companies.
For the full year, the group registered a revenue of RM9.64 billion against RM8.16 billion in the previous financial year, representing an increase of 18%. The group reported PBT of RM273 million versus RM230 million in 2022.
