Berjaya Food posts 4Q net loss of RM30m due to pandemic

For the financial year ended June 30,2020, the group's revenue and pre-tax loss were RM634.72mil and RM7.60mil respectively. Its net losses were RM18.92mil, badly impacted by the fourth quarter.

KUALA LUMPUR: Berjaya Food Bhd posted net losses of RM30.16mil on revenue of RM111.56mil in the fourth quarter ended June 30,2020 as it was adversely affected by the outbreak of Covid-19 pandemic and movement curbs.

In its statement to Bursa Malaysia on Friday, it said the Movement Control Order (MCO), which came into effect on March 18, followed by the Conditional MCO from May 12 to June 9 covered substantially the current reporting period.