Berjaya Corporation - Berjaya Corporation Berhad

reported RM1.91 billion revenue in the current quarter under review, registering a climb of 12.5% over the revenue of RM1.69 billion in the previous year’s corresponding quarter. The Group also registered RM147.5 million pre-tax profit, a commendable improvement of 45.7% from the pre-tax profit of RM101.2 million in the corresponding quarter of the previous year. The improved results for the current quarter ended 31 March 2025 was mainly due to the strong performance of STM Lottery Sdn Bhd (“STM Lottery”) and improved performance of H.R. Owen Plc (“H.R. Owen”).

PRESS RELEASE

SPORTS TOTO BERHAD REGISTERS RM1.91 BILLION REVENUE AND RM147.4 MILLION PRE-TAX PROFIT FOR Q3 2025

Date: 20 May 2025

Venue: Kuala Lumpur

For the 3rd Quarter ended 31 March 2025

Sports Toto Berhad (“SPToto”) reported RM1.91 billion revenue in the current quarter under review, registering a climb of 12.5% over the revenue of RM1.69 billion in the previous year’s corresponding quarter. The Group also registered RM147.5 million pre-tax profit, a commendable improvement of 45.7% from the pre-tax profit of RM101.2 million in the corresponding quarter of the previous year. The improved results for the current quarter ended 31 March 2025 was mainly due to the strong performance of STM Lottery Sdn Bhd (“STM Lottery”) and improved performance of H.R. Owen Plc (“H.R. Owen”).

STM Lottery’s current quarter revenue was higher by 20.8% despite the number of draws that remained the same as reported in the corresponding quarter of the previous year (42 draws). This was primarily driven by an exceptional surge in the accumulated jackpot from the Supreme Toto 6/58 game. Aligned with the higher revenue achieved and further supported by a lower prize payout, its pre-tax profit rose by 45.8% in the current quarter, as compared to the corresponding quarter of the previous year.

H.R. Owen’s current quarter revenue raised by 14% when compared to the previous year’s corresponding quarter mainly attributed to higher sales volumes in both new and used car sectors. Sales from the new marque, Lotus, which is now represented by the company contributed to the revenue increase, while the launches of certain new models also supported the improved performance in this quarter. When converted into Ringgit Malaysia, the revenue growth was only 6.9% due to the unfavourable foreign exchange effect. H.R. Owen’s pre-tax profit increased to RM17.9 million from RM11.3 million in the last year same quarter which aligned with the improved revenue attained.

For the 9-month period ended 31 March 2025

In the current 9-month period ended 31 March 2025, SPToto reported a revenue of RM4.83 billion, representing an increase of 3.7% over the revenue of RM4.66 billion reported in the previous year’s corresponding period, mainly driven by the both STM Lottery and H.R. Owen. stronger revenue contribution from The pre-tax profit also saw an increase of 24.8% to RM298.5. million from RM239.1 million as reported in the corresponding 9-month period of previous year

STM Lottery reported a revenue growth of 6%, despite fewer number of draws conducted in the current period under review (123 draws versus 126 draws in the previous year corresponding period). The growth was primarily driven by a sudden surge in the ticket sales from the Supreme Toto 6/58 game when its accumulated jackpot grew exceptionally in the current period. In tandem with the revenue growth coupled with lower prize payout, its pre tax profit increased by 23.6% in the current period under review.

H.R. Owen reported an increase in revenue of 6.8% as compared to the previous year corresponding period, supported by optimistic demand from the used car sector as well as contribution from the new marque, Lotus, which is now represented by the company during the current financial period. However, the unfavourable foreign exchange effect resulted in a more modest revenue increase of 2.3% when converted into Ringgit Malaysia. It reported a lower pre-tax loss of RM1.4 million as compared to a pre-tax loss of RM4.1 million in the previous year corresponding period, mainly attributed to the revenue growth as well as lower finance cost incurred following the interest rate reduction in the UK.

Dividend Declaration

The Board has declared a third interim dividend of 2.0 sen per share, amounting to approximately RM26.7 million for the financial year ending 30 June 2025. The dividend is payable on 18 July 2025 and the entitlement date is fixed on 30 June 2025.

With this, the total dividend distribution for the financial period ended 31 March 2025 is approximately RM80.3 million.

Future Prospects

The Directors remain cautiously optimistic that the Group’s business will remain stable and resilient. The Number Forecast Operation (“NFO”) business is expected to continue its upward trajectory of per draw sales growth driven by favourable consumer spending and continued consumer interest in the jackpot games. Further in regard to the closure of legal NFO outlets in the two Northern states (Kedah and Perlis), the Directors are concerned with the continued encroachment of illegal operators in these underserved areas.

Despite the prevailing uncertainties and global economy headwinds including trade protectionism and the inflationary tariff impact, the Directors are confident that the Group will continue its lead in terms of the market share in NFO market and the Group’s businesses are expected to be encouraging and maintain a positive outlook for the remaining quarter of financial year ending 30 June 2025.