KUALA LUMPUR: Sports Toto Bhd
maintains a positive outlook for the remaining quarter of its financial year ending June 30, 2026, despite a softer performance in the current quarter.
The gaming company said it remains cautiously optimistic its businesses will remain stable and resilient.
"The Number Forecast Operation (NFO) business is expected to grow sustainably, driven by the popularity of its Jackpot and Digit games. The Directors remain confident that SPToto will continue to maintain its leading market position in the legalised NFO business sector," it said in its results announcement.
In the third quarter of its financial year (3QFY26), Sports Toto recorded a net profit of RM59.1mil as compared to RM105.66mil in 3QFY25 as revenue fell to RM1.52bil from RM1.91bil in the previous comparative quarter.
During the quarter under review, STM Lottery recorded a 20.5% year-on-year drop in revenue, as the previous year's quarter benefitted from stronger sales driven by higher accumulated jackpot from the Supreme Toto 6/58 game.
It said there were 41 draws conducted in the current quarter as compared to 42 draws in the previous corresponding quarter.
Meanwhile, HR Owen's revenue eased 17.8% for the current quarter as compared to the previous comparative quarter due 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," it said.
Stated in ringgit, HR Owen's revenue was down a greater percentage of 21.6% due to the unfavourable foreign exchange.
For the nine months period to March 31, 2026, Sports Toto recorded a net profit of RM126.32mil as compared to RM196.67mil in 9MFY25, while revenue fell to RM4.49bil from RM4.83bil in the previous corresponding period.
The board of directors declared a third interim dividend of three sen per share, with entitlement date on June 30, 2026, and payable on July 17, 2026.
