BToto posts higher net profit in Q1

KUALA LUMPUR: Berjaya Sports Toto Bhd (BToto) posted higher earnings in the first quarter ended July 31, on lower prize payouts and increased contribution from its car dealership business in the UK.

Net profit rose 17% to RM86.89mil, or 6.45 sen a share on revenue of RM1.5bil. 
The number forecast operator (NFO), in a filing with Bursa Malaysia on Wednesday. has announced an interim dividend of 4 sen a share.

“The directors anticipate that Sports Toto’s business performance will be satisfactory and are confident that the group will continue to maintain its market share in the NFO business for the remaining quarters of the financial year ending April 30, 2019,” it said.
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