BFood CEO Datuk Sydney Quays said: “Consumers are easing back into normalcy as we move towards an endemic stage and this augurs well for the group.”
PETALING JAYA: Berjaya Food Bhd
’s (BFood) net profit almost tripled to RM31.58mil for the third quarter ended March 31, 2022, from RM11.61mil in the corresponding period last year on higher revenue.
During the quarter in review, BFood’s revenue rose 35% to RM246mil from RM181.73mil in the same period a year ago, driven mainly by higher same-store-sales growth, particularly from the Starbucks cafe outlets, as a result of improved mobility after the resumption of domestic tourism and further relaxation of the Covid-19 standard operating procedures.
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