BToto likely to recover strongly in H2


Hong Leong Investment Bank (HLIB) Research said Btoto group’s lucrative Supreme jackpot amount and stronger Chinese New Year-led season should bolster stronger sales and a speedy recovery in its number forecast operation (NFO) segment in H2’22, it added.

PETALING JAYA: Berjaya Sports Toto Bhd (BToto) is poised to recover strongly in the second half of financial year 2022 (H2’22) and remain committed to a high dividend payout.

This is given the better earnings visibility post-business resumption and the absence of big capital expenditure spending in Malaysia, according to Hong Leong Investment Bank (HLIB) Research.

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