BJCORP 3395 Share Price

The Group’s pre-tax profit for the financial year under review amounted to RM260.84 million, compared to RM230.57 million in the previous financial year. This increase in profit was primarily driven by the services and property segments, as well as improved performance in the hospitality segment. Despite the fluctuations and uncertainties, the Group maintains a firm belief in its ability to adjust to the evolving landscape, identify opportunities within the competitive retail sector, introduce innovations, and develop new products and processes

The Group achieved a group revenue of RM8.2 billion for the current financial year under review, which was a 9% improvement over previous financial year’s revenue of RM7.5 billion. With the improvement in revenue and also other investment related gains, the Group achieved a pre-tax profit of RM230.6 million for the current financial year under review, a turnaround from previous financial year’s pre-tax loss of RM260.4 million. The Group is confident that it will be able to adapt to the changing landscape, explore niches in the crowded retail space and introduce innovations in products and processes

The Group recorded a revenue of RM2.06 billion and pre-tax profit of RM231.66 million as compared to a revenue of RM1.39 billion and pre-tax loss of RM83.17 million reported in the preceding quarter. The pre-tax profit reported in the current quarter was mainly due to higher pre-tax profit reported by all the segments except for the non-food retail business, as well as higher investment related income, which included the significant gain on disposal of an associated company

The Group recorded a revenue of RM1.75 billion and pre-tax loss of RM208.10 million as compared to a revenue of RM1.82 billion and pre-tax loss of RM28.16 million reported in the preceding quarter. The higher pre-tax loss in the current quarter was primarily due to the non-cash impairments and net fair value loss on investment properties

Shares in Berjaya Corp Bhd (BCorp) more than doubled in two weeks to its five-year high of 43 sen today as speculation on its boss Vincent Tan’s revamp plan continues. It was reported that Tan had decided to take a backseat in the running of the company, and is turning towards hiring professional managers to helm the group. This was followed by the appointment of a non-family member, CEO Abdul Jalil Abdul Rashid.

In Financial Year End 1.7.2019 – 30.6.2020, the directors’ remuneration was 68.65 million. It was fair compared to average in listed companies, considering the employees’ remuneration of 871.1 million and auditor’s remuneration of 7415 thousands

The Group recorded a revenue of RM1.98 billion and pre-tax profit of RM538.08 million as compared to a revenue of RM2.08 billion and pre-tax loss of RM61.66 million reported in the preceding quarter. Since January 2020, the Covid-19 pandemic had severely affected the tourism industry, resulting in the drastic
reduction in the influx of tourists to Malaysia and Singapore. The various preventive measures of global population lockdown to curb the outbreak and border closures as well as travel restrictions have reduced travellers significantly causing a significant reduction in revenue for the hotels and resorts business segment and the restaurants and cafes business segment. The fear of crowded places also affected the retail sales. The gaming segment also cancelled 6 draws during the MCO in the last 2 weeks of the current quarter.

In Financial Year End 1.5.2018 – 30.6.2019, the directors’ remuneration was 68.12 million. It was fair compared to average in listed companies, considering the employees’ remuneration of 987.5 million and auditor’s remuneration of 7153 thousands