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.