Berjaya Food net profit soars to RM122.74mil in FY22


Berjaya Food CEO Datuk Sydney Quays

KUALA LUMPUR: Berjaya Food Bhd (BFood)'s net profit for the financial year ended June 30, 2022 (FY2022) surged to RM122.74 million from RM47.11 million in FY21 driven by same-store-sales growth, particularly from the Starbucks cafe outlets.

In a filing with Bursa Malaysia, BFood said its revenue for the year jumped to RM997.74 million compared with RM717.34 million previously.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Ringgit likely to trade cautiously next week ahead of key US data
Watts from water
Singapore’s financial sector a big winner
Up in Arms - or up the value chain?
Asia bonds for diversification
Smart city can’t beat the traffic
Powering a new reinvestment cycle as demand surges
AI disruption fears rock markets
Private equity hits a sixer
Dubai luxe property keeps booming

Others Also Read