Berjaya Food could face weaker quarters as retail slows on coronavirus fears

KUALA LUMPUR: Berjaya Food Bhd is expected to face softer quarters ahead as patronage to its food and beverage outlets may experience a slowdown on concerns over the coronoavirus.

In a note, RHB research highlighted that the pandemic might lead to a potential slowdown in retail spending owing to lower footfall in shopping malls and lower tourist arrivals.