Strong showing likely by Berjaya Food

Berjaya Food outperformed estimates for three quarters in a row after having closed down 12 unprofitable Kenny Rogers Roasters (KRR) stores, and leveraging on alternative sales channels during the lockdown.

PETALING JAYA: Berjaya Food Bhd’s earnings for the full financial year ended June 30 is likely to exceed estimates as contributions from alternative sales channels remain elevated throughout the year.

The company is expected to announce its fourth quarter (Q4) results today.