BToto Q1 net profit up on higher revenue


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 for its first quarter ended July 31 rose by close to 17% to RM86.89mil from RM74.31mil on the back of its revenue also rising by 2% to RM1.5bil compared with the same quarter a year ago.

The group’s core business is in the numbers forecast operation (NFO), which includes toto betting and other related ancillary businesses.

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