Sports Toto Berhad reported a revenue of RM1.52 billion for the current quarter, showing a decrease of 20.5% compared to the revenue of RM1.91 billion in the previous year’s corresponding quarter.
The group’s pre-tax profit also lowered by 40.8%, from RM147.5 million in the corresponding quarter last year to RM87.3 million in the current quarter under review. Profit after tax was RM59 million down significantly from RM107 million the same period last year. The group attributed the decline to the performance of STM Lottery Sdn Bhd and H.R. Owen Plc.
For the current quarter ended 31 March 2026, STM Lottery recorded lower revenue by 20.5%
ompared to the previous year’s corresponding quarter which benefitted from stronger sales
driven by higher accumulated jackpot from the Supreme Toto 6/58 game. There were lesser
number of draws conducted in the current quarter, i.e. 42 draws in the previous corresponding quarter and 41 draws in the current quarter. The pre-tax profit dropped by 24.7% in line with lower revenue recorded in the current quarter.
H.R. Owen’s revenue eased 17.8% for the current quarter as compared to the corresponding
quarter last year, primarily attributed to lower sales volume in both new and used car sectors.
The softer car sales performance was mainly due to longer vehicle product life cycles and
transition gaps between new models launches. Cautious consumer spending amidst the
ongoing economic uncertainties have also contributed the softness in sales. When translated
into Ringgit Malaysia, the Group’s reporting currency, revenue reduction was 21.6% due to
the unfavourable foreign exchange effect.
It reported a lower pre-tax profit of RM0.3 million for the current quarter, compared to RM17.9 million in the corresponding quarter last year.
This was mainly attributed to the reduction in revenue during the current quarter under review,
coupled with higher statutory employment costs arising from the newly implemented United
Kingdom (“UK”) labour regulations effective April 2025.
The Board has declared a third interim dividend of 3.0 sen per share, amounting to approximately RM39.53 million, for the financial year ending 30 June 2026. The dividend is payable on 17 July 2026 and the entitlement date is set on 30 June 2026. The total dividend distribution for the financial period ended 31 March 2026 is approximately RM105.58 million.
