Sports Toto posts 23% hike in profit


KUALA LUMPUR: Berjaya Sports Toto Bhd says “rampant” illegal gambling is a challenge for the company, even as it posted a 23% jump in net profit to RM59.2mil in the third quarter ended Jan 31.

The higher earnings were boosted by a turnaround at London-based luxury car dealer HR Owen Plc and lower prize payouts by core subsidiary Sports Toto, the company said in a filing with Bursa Malaysia yesterday.

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Business , Berjaya Sports Toto

   

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