Berjaya Food returns to the black in FY21


In a filing with Bursa Malaysia, the group said its revenue was up 13.3% to RM717.27mil in FY21 compared with RM632.92mil a year ago, driven by gradual easing of the lockdown measures since the first quarter ended Sept 30, 2020, which resulted in higher same-store sales growth.

KUALA LUMPUR: Berjaya Food Bhd has returned to the black with a net profit of RM47.36mil in the financial year ended June 30, 2021 (FY21), driven by higher revenue and lower operating costs amid the Covid-19 pandemic.

In a filing with Bursa Malaysia, the group said its revenue was up 13.3% to RM717.27mil in FY21 compared with RM632.92mil a year ago, driven by gradual easing of the lockdown measures since the first quarter ended Sept 30, 2020, which resulted in higher same-store sales growth.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Wall St set to open higher on tech boost, PCE data
US inflation rises in line with expectations in March
Gamuda Land announces retail partners for Gamuda Gardens
YNH reaffirms bondholders with remedied technical defaults
Ringgit ends firmer against US dollar
KPJ Healthcare partners with Trustr for AI-driven healthcare solutions
Homeritz stays positive amid economic challenges
Unisem expects performance boost amid semiconductor recovery
Gadang wins RM280mil data centre contract
S P Setia unveils Casaville single-storey bungalows in Setia EcoHill, Semenyih

Others Also Read