PETALING JAYA: Berjaya Corp
Bhd’s (BCorp) net losses widened for the third quarter ended March 31, 2026 (3Q26) to RM176.24mil mainly due to weaker performance from the services and non-food retail business segments.
BCorp’s losses per share grew to 3.01 sen from 1.58 sen in 3Q25.
The group’s revenue also slid by 14% year-on-year to RM2.2bil also mainly due to lower contributions from the non-food retail business and services segments.
In a filing with Bursa Malaysia, BCorp said the lower pre-tax profit reported by the services segment was mainly in line with the lower revenue from the gaming business operations and telecommunications network services business.
Meanwhile, the group said the lower pre-tax profit reported by the non-food retail business was in line with the drop in revenue, coupled with higher statutory employment costs arising from the newly implemented UK labour regulations effective April 2025.
BCorp’s food retail business saw an improvement in performance mainly attributed to contributions from the group’s overseas operations, as well as higher revenue generated from the Starbucks operations in Malaysia, notwithstanding a reduced number of operating stores.
These improvements offset the lower revenue from the Kenny Rogers Roasters operations in Malaysia, which was mainly due to the continued closure of non-performing stores during the current financial quarter.
