KUALA LUMPUR: Berjaya Food Bhd
managed to trim its net loss to RM14.32mil in the third quarter ended Mar 31, 2026, from RM37.19mil a year ago, boosted mainly by improved profit margin as a result of cost-saving initiatives and store rationalisation measures.
The company also registered lower depreciation and amortisation charges following impairment losses incurred on the closure of non-performing stores in the previous financial year.
It posted marginal revenue improvement to RM119.14mil from RM113.58mil driven by higher contribution from its overseas operations, as well as higher revenue from the Starbucks operations in Malaysia, despite a reduced number of operating stores.
The company is primarily engaged in developing and operating the Starbucks Coffee brand in Malaysia, Brunei and Iceland as well as the Kenny Rogers Roasters (KRR) chain in Malaysia.
It also produces, packages and deals with baked goods under the Paris Baguette brand in the Philippines.
The company said these improvements offset the lower revenue from KRR operations in Malaysia, which was attributed to the continued closure of non-performing stores during the 3Q26.
In the nine-month period just ended, Berjaya Foods’ net loss narrowed to RM41.1mil from RM106.2mil a year earlier while revenue rose to RM373.68mil from RM360.87mil.
“While seasonal factors such as the fasting month may continue to influence consumer spending patterns, the group expects its operational and financial performance to remain strong, supported by continuous marketing and promotional initiatives, ongoing store rationalisation efforts, as well as continued digitalisation to enhance both online and in-store customer experience,” it said in a Bursa statement.
