NFO segment to sustain Sports Toto’s earnings

HLIB Research said that going into 2Q25, Sports Toto’s NFO segment revenue will continue to recover to pre-lockdown levels.

PETALING JAYA: Sports Toto Bhd’s earnings growth in the coming quarters is expected to be sustained by its number forecast operation (NFO).

Analysts are optimistic that the NFO segment, which accounts for the bulk of the group’s revenue, will continue to recover to pre-lockdown levels, driven by steady economic conditions and the “luck factor”.