Sports Toto Berhad has reported a revenue of RM1.48 billion for the current quarter, showing an increase of 8.3% compared to the revenue of RM1.37 billion in the corresponding quarter of the previous year. The Group’s profit doubled from RM24 million to RM49 million in the quarter.
In the current quarter ended 31 December 2024, STM Lottery Sdn Bhd achieved a revenue growth of 6.1% compared to the corresponding quarter of the previous year, primarily driven by improvement in average sales per draw and higher accumulated jackpot prizes in Lotto games, despite having only 41 draws in the current quarter under review compared to 42 draws in the previous year corresponding quarter. The pre-tax profit increased by 31.5% primarily attributed to a combination of higher sales and lower prize payout in the current quarter under review.
H.R. Owen Plc (“H.R. Owen”)’s revenue increased by 9.4% for the current quarter as compared to the corresponding quarter of last year. The sales growth was primarily driven by a positive demand within the used car sector contributed by better sales volume and increased average selling price. The new marque, Lotus, which is now represented by H.R. Owen, has also generated new sales. It reported a reduced pre-tax loss of RM7.8 million as compared to a loss of RM15.8 million in the same quarter of last year. The drop in losses reflects revenue growth amidst the challenging economic environment
in the United Kingdom.
