The Star

Berjaya Sports Toto Bhd’s (BToto) earnings for the financial year ended April 30 (FY08) fell 7.2% to RM348.66mil from RM375.68mil in FY07, due to lower contribution from principal subsidiary Sports Toto Malaysia Sdn Bhd.

BToto said group revenue rose 8% to RM3.37bil from RM3.03bil previously. Earnings per share was 27.6 sen. It declared a fourth interim dividend of nine sen per share.

Sports Toto’s revenue rose 6.7% to RM3.2bil despite having three draws less than in the previous year. The higher revenue was due to increased sales of the 4-Digit game and strong sales of the Mega 6/52 game but pre-tax profit fell by 12.2% mainly due to higher prize payout and higher marketing expenditure.

For the fourth quarter, BToto’s group net profit fell 34% to RM60.76mil compared with RM92.22mil a year ago. Revenue rose 4.5% to RM866.83mil from RM829.36mil.