BCorp returns to the black with RM3mil net profit


It said the lower revenue for the quarter under review was due mainly to the lower contribution from the property investment and development business segment, as remaining units of a property project in China had been disposed of in the third quarter.

PETALING JAYA: Berjaya Corp Bhd (BCorp) has posted a stellar year-on-year financial performance turnaround in its fourth quarter ended April 30.

The company posted a net profit of RM3.24mil from a net loss of RM368.9mil in the same quarter a year ago, although revenue for the quarter fell to RM2.23bil from RM2.48bil.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , Berjaya Corp , China , property , results

   

Next In Business News

Wall St set to open lower as Meta Platforms, economic data weigh
Al-’Aqar REIT aims to acquire yield-accretive properties from KPJ Healthcare
Samenta wants micro enterprises to be exempted from e-invoicing
Pantech seeks Main Market listing for subsidiaries via SPV
Inta Bina secures RM224.80mil contract for serviced apartment project
UMediC transfers to Main Market
Ringgit closes marginally higher against US dollar
AirAsia X mulls flying to Eastern Europe, London and Orlando
MKHOP posts RM16mil net profit in 2Q24
Gobind: Appointment of new DNB board members marks major milestone in 5G network restructuring

Others Also Read