BFood reports RM8mil Q2 net profit


In a filing with Bursa Malaysia yesterday, the company said no comparative figures were presented due to the change in its financial year end to June 30 from April 30.

PETALING JAYA: Berjaya Food Bhd (BFood) reported a net profit of RM8.01mil in its second quarter ended Dec 31,2019, on revenue of RM184.12mil.

In a filing with Bursa Malaysia yesterday, the company said no comparative figures were presented due to the change in its financial year end to June 30 from April 30.

BFood said earnings were attributed to higher revenue recorded by Starbucks and Kenny Rogers Roasters operations in Malaysia to the calendar year end festive promotions, school holidays and the Christmas season during the second quarter.

“The higher pre-tax profit reported in the current quarter under review was in tandem with the higher revenue.”

For the six-months period ended Dec 31,2019, BFood reported a net profit of RM12.62mil on revenue of RM364.56mil.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 46
Cxense type: free
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Bfood , Berjaya Food , q2 , profit , Bursa , filing ,

   

Next In Business News

Bezos offers NASA US$2bil in exchange for moon mission contract
Asia Distillates-Gasoil refining margins plunge to over 3-week low
Oil steadies in undersupplied market but coronavirus cases weigh
Coffee prices surge as unusual cold threatens Brazilian production
Markets- Stocks, US$ sluggish, all eyes on Fed meet this week
RHB group exits asset management business in Indonesia
DNeX completes Silterra acquisition
Serba Dinamik nominates Nexia as new external auditor
Strong demand for handformers lifts ES Ceramics' revenue and profit
KLCI falls 10.91 points as regional markets slip

Stories You'll Enjoy


Vouchers