This was on the back of a 4.9% lower revenue at RM1.38bil from RM1.45bil previously, mainly due to reduced revenue from H.R. Owen Plc during the quarter under review, as well as the recognition of substantial project contract sales by International Lottery & Totalizator Systems, Inc in the previous year
PETALING JAYA: Berjaya Sports Toto Bhd
’s (BToto) net profit fell 51.5% to RM35.18mil in the fourth quarter ended April 30, from RM72.49mil in the corresponding period last year.
In a statement, the numbers forecast operator (NFO) attributed the decline in its net profit to impairment in value for certain available-for-sale investments and goodwill relating to leasing of lottery equipment business in Philippines.
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