PETALING JAYA: Berjaya Corp
Bhd (BCorp) sank into the red, suffering a net loss of RM95.19mil in its fourth quarter ended April 30, compared with a net profit of RM3.24mil in the previous corresponding period, mainly due to a significant drop in profit from operations.
In a filing with Bursa Malaysia yesterday, the company said this was mainly due to lower contributions from the retail distribution business, property investment and development business, hotel and resorts business as well as gaming operations.
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