Berjaya Land cautiously optimistic of FY23 outlook

BLand is cautiously optimistic of a satisfactory performance for the remaining quarters of its current financial year.

KUALA LUMPUR: Berjaya Land Bhd (BLand), which returned to the black in the first quarter ended Sept 30 (1Q23), is cautiously optimistic of a satisfactory performance for the remaining quarters of the financial year ending June 30, 2023 (FY23).

“The directors are cautiously optimistic that the performance of the business operations of the group for the remaining quarters of the FY23 to be satisfactory, despite having to bear the rising operating costs going forward,” BLand said in the notes accompanying its financial results.