Berjaya Corporation Berhad

Author name: Berjaya Corporation

Berjaya Food ends FY2026 with narrower loss as Starbucks operations improve

NEWS COVERAGE
Berjaya Food ends FY2026 with narrower loss as Starbucks operations improve
Date: 27 August 2026
Publication: The Edge, Malaysia

Berjaya Food ends FY2026 with narrower loss as Starbucks operations improve Read More »

Berjaya Property returns to 4Q profit as property segment improves

NEWS COVERAGE
Berjaya Property returns to 4Q profit as property segment improves
Date: 27 August 2026
Publication: EdgeProp, Malaysia

Berjaya Property returns to 4Q profit as property segment improves Read More »

BCORP REGISTERS A 58% REDUCTION IN PRE-TAX LOSS WITH A REVENUE OF RM8.99 BILLION FOR FINANCIAL YEAR ENDED 30 JUNE 2026

Berjaya Corporation Berhad (“BCorp”) posted a revenue of RM2.28 billion and incurred a pre-tax loss of RM79.69 million in the current quarter ended 30 June 2026. The significantly lower pre-tax loss was mainly attributable to stronger operating performance across the Group’s business segments together with lower net investment-related expenses incurred during the quarter. In comparison, the Group recorded a revenue of RM2.37 billion and a pre tax loss of RM270.0 million reported in the corresponding quarter of the previous year.
PRESS RELEASE
BCORP REGISTERS A 58% REDUCTION IN PRE-TAX LOSS WITH A REVENUE OF RM8.99 BILLION FOR FINANCIAL YEAR ENDED 30 JUNE 2026
Date: 27 August 2026
Venue: Kuala Lumpur
For the 4th Quarter ended 30 June 2026

Berjaya Corporation Berhad (“BCorp”) posted a revenue of RM2.28 billion and incurred a pre-tax loss of RM79.69 million in the current quarter ended 30 June 2026. The significantly lower pre-tax loss was mainly attributable to stronger operating performance across the Group’s business segments together with lower net investment-related expenses incurred during the quarter. In comparison, the Group recorded a revenue of RM2.37 billion and a pre tax loss of RM270.0 million reported in the corresponding quarter of the previous year.
The Group’s performance in the current quarter under review was contributed by the following business segments:
  • Retail segment reported a lower revenue, mainly due to a lower contribution from the non-food retail business, although the food retail business recorded higher revenue.

    The improvement in revenue reported by the food retail business was mainly attributed to the better performance of Starbucks operations in Malaysia, notwithstanding the reduced number of operating stores, together with the higher contribution from the Group’s overseas operations. These improvements offset the lower revenue from the Kenny Rogers Roasters operations in Malaysia, which was mainly due to the continued rationalisation and closure of non-performing stores during the current quarter.

    As for pre-tax loss, the significant reduction in the food retail business was primarily attributable to the higher revenue, coupled with the positive impact of cost optimisation and store rationalisation initiatives. In addition, impairment losses recognised on property, plant and equipment (“PPE”) and right-of-use (“ROU”) assets relating to underperforming stores in the current quarter were significantly lower compared to the corresponding quarter of the previous financial year. Lower depreciation and amortisation charges in the current quarter, following the impairment losses recognised in the previous financial year also contributed to the improved results.

    The non-food retail segment, however, reported both a lower revenue and lower pre tax profit mainly attributed to lower sales contribution from H.R. Owen Plc (“H.R. Owen”), particularly from the new car sector, following transition gaps between new vehicle model launches and the challenging economic environment. The softer sales reflected the model mix sold in the relevant quarters. In addition, when translated into Ringgit Malaysia, the reduction in revenue was further impacted by unfavourable foreign exchange translation effects.

  • Property segment posted a higher revenue and a pre-tax profit for the current quarter, mainly due to higher progress billings from its projects at Residensi Oak, Bukit Jalil; Pangsapuri Azalea, Subang Heights; and Jesselton Courtyard at Jesselton Selatan, Penang, as well as increased revenue generated from its construction activities.

  • Hospitality segment reported a higher pre-tax profit mainly due to the gain on disposal of PPE but a lower revenue primarily attributed to the lower overall occupancy rates and overall average room rate arising from lower tourist arrivals, in the current quarter under review.

  • Services segment recorded a higher pre-tax profit and a lower revenue, mainly contributed by the gaming and stockbroking businesses.

    Despite lower revenue reported by the gaming business operated by STM Lottery Sdn Bhd (“STM Lottery”), which was mainly due to lower average sales per draw, attributable to lower accumulated jackpot prizes and having one less draw conducted during the current quarter (40 draws versus 41 draws), it reported higher pre-tax profit due to lower operating expenses incurred in the current quarter under review.

    The stockbroking business posted a pre-tax profit, due to higher revenue generated during the quarter under review.

    The telecommunications network services (“MTNS”) posted a lower revenue due to certain projects nearing the end of their deployment phase, with several projects having been completed in the previous financial year.
For the financial year ended 30 June 2026

The Group registered a revenue of RM8.99 billion for the financial year ended 30 June 2026, as compared to a revenue of RM9.38 billion reported in the previous financial year; but a lower pre-tax loss of RM161.41 million for the current financial year ended 30 June 2026, compared to the pre-tax loss of RM388.09 million recorded in the previous financial year.
This significant reduction in pre-tax loss was mainly due to substantially lower net investment related expenses, together with stronger operating performance from the property segment and the food retail business. The decrease of the Group’s revenue was mainly due to lower contributions from most segments:
  • Retail’s non-food segment saw a pre-tax loss due to lower revenue contribution from H.R. Owen in the current financial year, arising from the reduced sales volumes in both the new and used car segments. The weaker performance of the new car segment was mainly attributable to oversupply by certain manufacturers and the limited availability of transition models, which adversely affected the product mix. In addition, the challenging economic environment led customers to be more cautious in their discretionary spending on luxury vehicles. When translated into Ringgit Malaysia, the revenue decline was further impacted by the unfavourable foreign exchange translation effects. Lower sales volumes and margin compression by H.R. Owen contributed to the pre-tax loss.

    Meanwhile, the food retail business reported an increase in revenue and a significantly lower pre-tax loss, primarily driven by improved sales and performance of Starbucks Malaysia, together with higher revenue contributions from the Group’s overseas food retail operations.

  • Property segment reported higher revenue and pre-tax profit for the current year as compared to the previous year, mainly due to higher progress billings from its projects at Residensi Oak, Bukit Jalil; Pangsapuri Azalea, Subang Heights; and Jesselton Courtyard at Jesselton Selatan, Penang. This was partially offset by lower sales of residence units from a local project in the current year under review.

  • Hospitality segment posted lower revenue mainly due to lower overall room rates during the current financial year under review; the segment registered a lower pre-tax profit due to lower revenue and unfavourable foreign currency translation effects.

  • Services segment recorded lower revenue contribution and pre-tax profit in the current year as compared to the previous year, primarily due to relatively lower sales from STM Lottery with one less draw (163 draws versus 164 draws) in the current financial year. Furthermore, the previous year benefitted from strong sales driven by higher accumulated jackpot prizes, particularly from the Supreme Toto 6/58 game.

    The decline in MTNS revenue, and hence the lower pre-tax profit in the current financial year was mainly due to certain projects nearing completion of their deployment phase, and several projects were completed in the previous financial year.

    The above was partially mitigated by increased revenue from the stockbroking business, mainly due to higher brokerage income resulting from higher trading volume in the stock market in the current financial year under review.
Future Prospects

Malaysia’s economic growth is expected to be driven by strong domestic demand and the moderation of average inflation rate despite the uncertainties arising from geo-political tensions and conflicts and the inflationary effects of tariffs. The Group will monitor the prevailing global and local political development in the countries where the Group has business operations.

The performance of the domestic business segments of the Group is expected to improve on the back of resilient consumer spending and the sustained growth in tourism activities, in particular, Malaysia under the extended Visit Malaysia campaign, which runs through 2027.

The Group is also looking forward to the completion and the opening of the luxurious Four Seasons Resort & Private Residences Okinawa (“Four Seasons Okinawa”) project in Japan in the fourth quarter of 2027, which will strengthen the performance of the hotels and resorts business segment. The Four Seasons Okinawa is spread across 14 hectares of pristine beachfront paradise and will feature 279 exquisite accommodations, including 127 resort rooms, 124 high-end condominiums, and 28 exclusive private villas.

As for the Number Forecast Operator (“NFO”) business, it is expected to grow sustainably, driven by the popularity of its Jackpot and Digit games and to continue to maintain its leading market position in the legalised NFO business sector. The Federal Court has unanimously ruled on 12 August 2026 not to grant leave for Kedah State Government’s appeal to ban the renewal of the NFO business premises licence in the state. The Group is currently engaging the relevant authorities for approvals to recommence its lottery operations in Kedah.

Barring any unforeseen circumstances, the Directors are cautiously optimistic that the performance of the business operations of the Group for the financial year ending 30 June 2027 will be satisfactory.
For media enquiries, please contact Group Corporate Communications at corpcom@berjaya.com.my.

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Date: 26 August 2026
Publication: Focus Malaysia, Malaysia

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Sports Toto invests RM17m in Berjaya Yokohama sukuk paying 7%

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Sports Toto invests RM17m in Berjaya Yokohama sukuk paying 7%
Date: 20 August 2026
Publication: The Malaysian Reserve, Malaysia

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Date: 20 August 2026
Publication: China Press, Malaysia

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Vincent Tan flies aboard pilotless EH216 S air taxi

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Vincent Tan flies aboard pilotless EH216S air taxi
Date: 20 August 2026
Publication: New Straits Times , Malaysia

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Senior Executive / Assistant Manager, Corporate Development

To support the evaluation of business opportunities, strategic projects, due diligence and financial analysis across the Group’s portfolio, including energy and solar.
LATEST JOBS
Senior Executive / Assistant Manager, Corporate Development
Posting Date: 1 September 2026
Closing Date: 5 October 2026
Job Purpose
To support the evaluation of business opportunities, strategic projects, due diligence and financial analysis across the Group’s portfolio, including energy and solar.
JOB DESCRIPTION
  • Build, maintain and/or review financial models to evaluate project feasibility (IRR, payback) and M&A transactions.
  • Research industry landscape, comparable companies, market trends and commercial viability.
  • Perform financial analysis and valuation on potential targets.
  • Identify key risks and potential mitigating factors in transactions and projects.
  • Provide execution support, including assisting in the evaluation of deal structures, highlighting project risks, identifying potential mitigation strategies, coordinating due diligence workstreams and assisting in the review of transaction documentation.
  • Prepare presentation slides, reports and materials for internal and external stakeholders.
  • Support portfolio management of investee companies, including tracking financial and operational performance against budget, and working with investee company management teams to drive delivery of budget targets and growth plans.
JOB REQUIREMENTS
  • Degree in Accounting, Finance, Business Administration, Mathematics, Economics or related disciplines.
  • 3 to 5 years of relevant experience in corporate finance, investment analysis, M&A, transaction advisory or a related field.
  • Prior experience with a Big 4 firm or in investment banking is preferred.
  • A CFA charter, or ongoing progress towards the CFA, would be a slight added advantage.
  • Proficiency in MS Excel, PowerPoint and Word; VBA or other Excel add-ins an advantage.
  • Strong commercial, analytical and problem-solving skills, with the ability to adapt and apply knowledge to different situations.
  • Experience in the power, utilities or broader energy sector an advantage.
  • Meticulous, attention to detail and accuracy.
  • Able to work independently in a fast-paced environment under tight deadlines.
  • Good written and verbal communication and interpersonal skills.
For interested applicants, please email your updated CV to work@berjaya.com.my

Senior Executive / Assistant Manager, Corporate Development Read More »

Sports Toto set for FY2027 uplift after Kedah lottery ban appeal denied — analysts

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Sports Toto set for FY2027 uplift after Kedah lottery ban appeal denied – analysts
Date: 18 August 2026
Publication: The Edge, Malaysia

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